Peace Acquisition Corp. reported a net loss of $56.4K for the first quarter of 2026, with basic and diluted loss per share of $(0.03), according to its 10-Q filing.
Financial Highlights
- Net income: $(56,387) for Q1 2026 (net loss of $56.4K).
- Diluted earnings per share: $(0.03) for Q1 2026 (basic and diluted net loss per share).
Business Highlights
- IPO completed May 26, 2026; $60.0M of proceeds placed in trust to fund an initial business combination.
- Blank-check vehicle targeting Asia-based acquisitions (excluding China) to pursue mergers or asset purchases.
- Approximately $400K available outside the trust to fund target search, due diligence, travel and transaction costs.
- Engaged EBC for business-combination marketing and Ascendant for accounting; ongoing administrative services are arranged.
Original SEC Filing:
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