Space Asset Acquisition Corp. - 10-Q Filing
Space Asset Acquisition Corp., a Cayman Islands-based blank check company focused on the global space economy, filed its quarterly report for March 31, 2026. The firm reported net income of $1.0 million driven by earnings from marketable securities in its trust account and cash equivalents. As part of its initial public offering (IPO) closed January 29, 2026, the company raised gross proceeds of $230 million through the sale of 23 million units at $10 per unit, with an additional $6.45 million from private placement units.
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