---
title: "Art Tech Acquisition - Unit | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286152490.md"
datetime: "2026-05-12T20:25:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286152490.md)
  - [en](https://longbridge.com/en/news/286152490.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286152490.md)
---

# Art Tech Acquisition - Unit | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD 0.05.

EBIT: As of FY2026 Q1, the actual value is USD -2.491 M.

### Overview of Operations and Financial Performance

ART TECHNOLOGY ACQUISITION CORP. is a blank check company that has not generated any operating revenues to date and does not expect to do so until after the completion of its initial Business Combination . The company’s activities from inception (August 22, 2025) through March 31, 2026, primarily involved its formation, the Initial Public Offering (IPO), and the identification of a target company for a Business Combination .

#### Operational Metrics (Three Months Ended March 31, 2026)

-   **Net Income**: $1,490,202 .
-   **General and Administrative Costs**: $500,636 .
-   **Loss from Operations**: - $500,636 .
-   **Interest Earned on Marketable Securities Held in Trust Account**: $1,990,838 .

#### Liquidity and Capital Resources

-   **Cash**: $2,609,277 as of March 31, 2026, compared to $0 as of December 31, 2025 .
-   **Marketable Securities Held in Trust Account**: $254,990,838 as of March 31, 2026, including approximately $1,990,838 of interest .
-   **Working Capital Surplus**: $2,646,296 as of March 31, 2026 .
-   **Cash Used in Operating Activities**: - $673,970 for the three months ended March 31, 2026 .
-   **Investment of Cash in Trust Account**: - $253,000,000 for the three months ended March 31, 2026 .
-   **Net Cash Provided by Financing Activities**: $256,283,247 for the three months ended March 31, 2026 .

#### IPO and Private Placement Details

-   **Gross Proceeds from IPO (including over-allotment)**: $253,000,000 .
-   **Gross Proceeds from Private Placement Units**: $8,250,000 .
-   **Total Transaction Costs**: $15,735,399, consisting of $4,400,000 cash underwriting fee, $10,780,000 deferred underwriting commissions, and $555,399 other offering costs .
-   **Deferred Underwriting Fee Payable**: $10,780,000 as of March 31, 2026 .

#### Related Party Transactions and Commitments

-   **Administrative Support Agreement**: ART TECHNOLOGY ACQUISITION CORP. pays Art Technology Sponsor, LLC $30,000 per month for office space and administrative services, incurring and paying $90,000 for the three months ended March 31, 2026 .
-   **Officer Service Agreements**: The Chief Operating Officer receives up to $8,333 per month, with $25,000 incurred and paid for the three months ended March 31, 2026 . The Chief Financial Officer receives up to $12,500 per month, with $37,500 incurred for the same period, of which $29,667 was paid and $7,833 is accrued .
-   **Promissory Note – Related Party**: A $194,453 promissory note from Art Technology Sponsor, LLC was repaid on January 7, 2026 .

#### Future Outlook and Strategy

ART TECHNOLOGY ACQUISITION CORP. intends to complete a Business Combination using proceeds from the IPO and Private Placement held in the Trust Account, its shares, debt, or a combination thereof . This Business Combination must have a fair market value of at least 80% of the net assets in the Trust Account and must be completed within 24 months from the IPO closing, or 27 months if a definitive agreement is executed within 24 months . Although the company believes it possesses sufficient funds for its current operations, it acknowledges that additional financing may be necessary if costs surpass estimates or if a substantial number of Public Shares are redeemed .

### Related Stocks

- [ARTCU.US](https://longbridge.com/en/quote/ARTCU.US.md)

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