--- title: "Soren Acquisition - Unit | 10-K: FY2025 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/280843360.md" datetime: "2026-03-27T20:32:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280843360.md) - [en](https://longbridge.com/en/news/280843360.md) - [zh-HK](https://longbridge.com/zh-HK/news/280843360.md) --- # Soren Acquisition - Unit | 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 the company’s overall assets, operating results, and financial metrics to guide resource allocation and performance assessment . #### Operational Metrics - **Net Loss**: For the period from September 2, 2025 (inception) through December 31, 2025, Soren Acquisition Corp. reported a net loss of - $83,209, consisting entirely of general and administrative expenses . - **General and Administrative Expenses**: General and administrative expenses amounted to $83,209 for the period from September 2, 2025 (inception) through December 31, 2025 . #### 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 . #### Liquidity and Capital Resources - **As of December 31, 2025**: - Cash: Soren Acquisition Corp. had no cash . - Working Capital Deficit: The company had a working capital deficit of - $491,255 . - IPO Promissory Note Balance: The outstanding balance on the IPO Promissory Note was $165,580 . - **As of January 8, 2026 (Post-IPO)**: - Cash: The company had cash of $2,433,948 . - Working Capital: The company had working capital of $2,393,903 . #### Initial Public Offering (IPO) Details - **Gross Proceeds from Public Units**: The IPO generated $253,000,000 from the sale of 25,300,000 Public Units, including the full exercise of the over-allotment option . - **Gross Proceeds from Private Placement Warrants**: The private sale of 5,000,000 Private Placement Warrants to the Sponsor generated $5,000,000 . - **Trust Account Balance**: A total of $253,000,000 from the IPO and Private Placement proceeds was placed in the Trust Account, which included $10,120,000 for the Business Combination Marketing Fee . - **Total Transaction Costs**: Total transaction costs incurred were $12,511,804, comprising $1,897,500 in cash underwriting fees (net of $632,500 underwriter’s reimbursement) and $10,614,304 in other offering costs . - **Redemption Price**: The pro rata redemption price was approximately $10.00 per Public Share as of January 8, 2026, before taxes . #### Contractual Obligations - **Administrative Services Agreement**: Commencing January 6, 2026, Soren Acquisition Corp. pays its Sponsor $25,000 per month for office space, utilities, and secretarial and administrative support until a Business Combination or liquidation . - **Business Combination Marketing Fee**: BTIG is entitled to a cash fee of 4.0% of the gross IPO proceeds upon the consummation of the initial Business Combination, which breaks down to $2,530,000 (1.0%) paid in cash and $7,590,000 (3.0%) based on funds remaining in the Trust Account after redemptions . #### Outlook / Guidance Soren Acquisition Corp. does not expect to generate operating revenues until after completing its Business Combination, for which it intends to use substantially all Trust Account funds . Extending the Combination Period could reduce Trust Account funds and risk Nasdaq delisting if the 36-Month Requirement is not met . While the company does not anticipate needing to raise additional funds for operating expenditures, underestimating acquisition costs could result in insufficient funds before a Business Combination . ### Related Stocks - [SORNU.US](https://longbridge.com/en/quote/SORNU.US.md) ## Related News & Research - [Dear Future SpaceX (SPCX) Stock Fans, Mark Your Calendars for June 12](https://longbridge.com/en/news/286809659.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) - [12:46 ETSpring Cleaning Starts in the Garage: A Step-by-Step Cleanout Guide for Homeowners](https://longbridge.com/en/news/286946537.md) - [Authentic Brands Group expects IPO in next 12 months as new CEO steps in, founder tells CNBC](https://longbridge.com/en/news/287092337.md)