--- title: "Capitalworks Emerging Markets Acq - Unit | 10-Q: FY2026 Q2 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/276454943.md" datetime: "2026-02-20T14:51:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276454943.md) - [en](https://longbridge.com/en/news/276454943.md) - [zh-HK](https://longbridge.com/zh-HK/news/276454943.md) --- # Capitalworks Emerging Markets Acq - Unit | 10-Q: FY2026 Q2 Revenue: USD 0 Revenue: As of FY2026 Q2, the actual value is USD 0. EPS: As of FY2026 Q2, the actual value is USD -0.02. EBIT: As of FY2026 Q2, the actual value is USD -95.47 K. ### Operational Metrics #### Net Income / Loss Capitalworks Emerging Markets Acquisition Corp. Units Cons of 1 Shs -A- + 1⁄2 Wt reported a net loss of - $108,103 for the three months ended September 30, 2025, compared to a net income of $362,384 for the same period in 2024. For the six months ended September 30, 2025, the company recorded a net loss of - $1,005,148, significantly different from the net income of $809,001 for the six months ended September 30, 2024. #### Operational Costs Formation and operating costs (general and administrative costs) were $82,592 for the three months ended September 30, 2025, an increase from $56,640 for the three months ended September 30, 2024. For the six-month period, these costs were $116,532 in 2025, down from $227,974 in 2024. #### Other Income/Expense Components - **Interest income**: Interest income decreased to $12,871 for the three months ended September 30, 2025, from $155,137 in the prior year, and to $34,010 for the six months in 2025 from $309,088 in 2024. - **Change in fair value of warrant liability**: A gain of - $117,000 was recorded for the three months ended September 30, 2025, contrasting with a loss of $263,887 in the prior year. For the six months, a gain of - $1,001,244 was recorded in 2025, versus a loss of $727,887 in 2024. - **Forgiveness of Debt**: The company recorded $76,984 in forgiveness of debt for both the three and six months ended September 30, 2025. - **Dividend Income**: Dividend income of $1,632 was recorded for both the three and six months ended September 30, 2025. ### Cash Flow - **Net cash used in operating activities**: Net cash used in operating activities was - $9,981 for the six months ended September 30, 2025, an improvement from - $165,868 for the same period in 2024. - **Net cash provided by financing activities**: Net cash provided by financing activities was $22,871 for the six months ended September 30, 2025, compared to $42,780 for the six months ended September 30, 2024. - **Cash balance**: As of September 30, 2025, Capitalworks Emerging Markets Acquisition Corp. Units Cons of 1 Shs -A- + 1⁄2 Wt had $14,502 in cash. - **Working capital deficit**: As of September 30, 2025, the company had a working capital deficit of - $161,390. ### Unique Metrics and Strategic Summary - **Share Redemptions**: In connection with the Third Extension on February 28, 2025, shareholders redeemed 1,066,745 Class A Ordinary Shares, resulting in approximately $11.64 million being removed from the Trust Account. - **Waiver and Forgiveness of Liabilities**: During the six months ended September 30, 2025, the former sponsor waived and forgave amounts due to related parties, cancelled private placement warrants, waived notes payable, and forgave a related party note as part of a transition to a new sponsor. These actions were recorded as capital contributions, reducing the shareholders’ deficit. - **Warrant Liability**: The Private Placement Warrants were cancelled and no longer outstanding as of September 30, 2025, with only Public Warrants remaining outstanding and classified as derivative liabilities. ### Outlook and Going Concern The management of Capitalworks Emerging Markets Acquisition Corp. Units Cons of 1 Shs -A- + 1⁄2 Wt has determined that its current liquidity, including $14,502 in cash and a working capital deficit of - $161,390 as of September 30, 2025, may not be sufficient to operate for at least 12 months without a business combination, raising substantial doubt about its ability to continue as a going concern. The company plans to raise additional capital through working capital loans from the sponsor or affiliates, or third parties, to fund operations until a business combination or winding up occurs. ### Related Stocks - [CMCAU.US](https://longbridge.com/en/quote/CMCAU.US.md) - [CMCUF.US](https://longbridge.com/en/quote/CMCUF.US.md) ## Related News & Research - [Natwest names Nick Rodolakis as head of funds and sponsor coverage](https://longbridge.com/en/news/282020133.md) - [MFS Survey Shows Plan Sponsor Confidence Improving Dramatically](https://longbridge.com/en/news/281906368.md) - [13:19 ETCrawford Software to Attend Epicor Insights 2026 as Gold Sponsor](https://longbridge.com/en/news/282575131.md) - [10:30 ETMUGLER FRAGRANCES IS THE OFFICIAL SPONSOR OF CARDI B'S LITTLE MISS DRAMA TOUR](https://longbridge.com/en/news/282213685.md) - [07:03 ETLemon Seed Marketing to host growth-focused conference for home service professionals in May](https://longbridge.com/en/news/282531843.md)