Soren Acquisition 10-K: $0 Revenue, $83,209 Net Loss

Soren Acquisition reported no operating revenue for the period and recorded a net loss of $83,209, driven by general and administrative expenses related to formation and transaction preparation. No earnings per share or other operating income metrics were disclosed in the filing. The company remains a blank‑check entity focused on identifying and completing a business combination.

Financial Highlights

• Revenue: $0 — no operating revenues; none expected until completion of a Business Combination.
• Net Income: $83,209 net loss, reflecting general and administrative expenses for the period.
• Net Income Per Share: Not provided (no EPS metric disclosed in Part 2 Item 7/Item 8).
• Operating Income: Not provided.
• Gross Profit: Not provided.

Business Highlights

• Business Model: Cayman Islands blank‑check company formed to pursue a merger, acquisition, or similar Business Combination.
• Capitalization & Trust: $253 million raised in the IPO and placed in trust to fund an initial Business Combination and related operations.
• Operational Activity: Activity to date limited to corporate formation, IPO preparation, sponsor support, and identification of potential targets; no operating revenues prior to a Business Combination.
• Use of Funds & Support: Trust funds earmarked for acquisition; sponsor has provided working capital loans and administrative support to cover pre‑combination expenses.
• Market & Risk Outlook: Management cites macroeconomic, geopolitical, and regulatory risks that could affect timing and success of a Business Combination.

Original SEC Filing: Soren Acquisition Corp. [ SORN ] - 10-K - Mar. 27, 2026