--- title: "Soren Acquisition | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/280843352.md" datetime: "2026-03-27T20:32:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280843352.md) - [en](https://longbridge.com/en/news/280843352.md) - [zh-HK](https://longbridge.com/zh-HK/news/280843352.md) --- # Soren Acquisition | 10-K: FY2025 Revenue: USD 0 Revenue: As of FY2025, the actual value is USD 0. EPS: As of FY2025, the actual value is USD -0.01. EBIT: As of FY2025, the actual value is USD -83.21 K. Soren Acquisition Corp. operates as a single reportable segment, with its Chief Financial Officer reviewing overall company assets, operating results, and financial metrics for resource allocation and performance assessment decisions. #### Operational Metrics - **Revenue**: Soren Acquisition Corp. has not generated any operating revenues to date and does not expect to generate operating revenues until after the completion of its Business Combination. - **Net Loss**: For the period from September 2, 2025 (inception) through December 31, 2025, the company reported a net loss of - $83,209, primarily consisting of general and administrative expenses. - **General and Administrative Expenses**: These expenses totaled $83,209 for the period from September 2, 2025 (inception) through December 31, 2025. #### Financial Position - **Cash**: As of December 31, 2025, Soren Acquisition Corp. had no cash. Following the Initial Public Offering, as of January 8, 2026, the company had cash of $2,433,948. - **Working Capital Deficit**: The company had a working capital deficit of - $491,255 as of December 31, 2025. Post-IPO, as of January 8, 2026, working capital was $2,393,903. - **IPO Promissory Note**: As of December 31, 2025, the IPO Promissory Note had a balance of $165,580, which was fully settled on January 8, 2026. #### Cash Flow - **Net Cash Used in Operating Activities**: For the period from September 2, 2025 (inception) through December 31, 2025, net cash used in operating activities was $0. #### Initial Public Offering (IPO) Details - **Gross Proceeds from IPO**: On January 8, 2026, the company generated gross proceeds of $253,000,000 from the sale of 25,300,000 Public Units in its Initial Public Offering. - **Gross Proceeds from Private Placement Warrants**: Concurrently, Soren Acquisition Corp. sold 5,000,000 Private Placement Warrants to its Sponsor, generating gross proceeds of $5,000,000. - **Total Transaction Costs**: Total transaction costs amounted to $12,511,804, including $1,897,500 in cash underwriting fees and $10,614,304 in other offering costs. - **Trust Account Funds**: Following the IPO and private placement, $253,000,000 was placed in the Trust Account. #### Outlook / Guidance Soren Acquisition Corp. intends to utilize substantially all funds in the Trust Account, net of taxes and Business Combination Marketing Fee, to complete its Business Combination. The company expects to generate non-operating income from interest on marketable securities held in the Trust Account post-IPO. Operating revenues are not anticipated until after the Business Combination is finalized. ### Related Stocks - [SORN.US](https://longbridge.com/en/quote/SORN.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.md) - [SpaceX sets June 12 IPO with $1.75T valuation goal](https://longbridge.com/en/news/287028659.md) - [Eli Lilly Retatrutide 12 Mg Achieved 30.3% Average Weight Loss At 104 Weeks In Extension](https://longbridge.com/en/news/287203984.md) - [Legend Power Systems Announces $1.3 Million in Orders for 12 SmartGATE Systems as Enhanced Customer Value Strategy Gains Traction | LPSIF Stock News](https://longbridge.com/en/news/287209736.md) - [Why This Fund Sold $23 Million of Hayward Stock Despite Strong 12% Revenue Growth](https://longbridge.com/en/news/286952903.md)