--- title: "Daedalus Special Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/286160688.md" datetime: "2026-05-12T21:27:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286160688.md) - [en](https://longbridge.com/en/news/286160688.md) - [zh-HK](https://longbridge.com/zh-HK/news/286160688.md) --- # Daedalus Special Acquisition | 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 0.06. EBIT: As of FY2026 Q1, the actual value is USD -2.499 M. #### Segment Overview Daedalus Special Acquisition Corp. operates as a single reportable segment, with its Chief Financial Officer reviewing overall operating results for resource allocation and performance assessment . #### Operational Metrics For the three months ended March 31, 2026, Daedalus Special Acquisition Corp. reported a net income of $2,030,262 . This net income includes $2,225,943 from income on cash and marketable securities held in the Trust Account and a $77,000 gain on the expiration of over-allotment option liability . These gains were partially offset by formation, general, and administrative expenses of $272,681 . The company has not generated any operating revenues to date . #### Cash Flow Net cash used in operating activities for the three months ended March 31, 2026, was $278,253 . Changes in operating assets and liabilities utilized $5,572 of cash for operating activities . #### Key Financial Position Items (as of March 31, 2026) - Cash and marketable securities held in the Trust Account: $252,761,757 . - Cash outside the Trust Account: $774,387 . - Total current liabilities: $141,390 . - Non-current liabilities (primarily deferred underwriting commissions): $8,750,000 . - Total assets: $253,718,108 . - Class A Ordinary Shares subject to possible redemption: $252,761,757 . #### Future Outlook and Strategy Daedalus Special Acquisition Corp. plans to use substantially all funds in the Trust Account, including earned interest (less income taxes), to complete its business combination . Remaining proceeds will serve as working capital for the target business, further acquisitions, and growth strategies . Funds held outside the Trust Account are designated for identifying and evaluating target businesses, conducting due diligence, and structuring business combinations . While the company does not anticipate needing additional funds for current operations, it may require further financing to finalize a business combination or if a significant number of Public Shares are redeemed . ### Related Stocks - [DSAC.US](https://longbridge.com/en/quote/DSAC.US.md) ## Related News & Research - [OceanPal Inc. Announces 2026 Annual General Meeting of Shareholders to be Held on June 16, 2026 | SVRN Stock News](https://longbridge.com/en/news/286308382.md) - [Autohome Inc. to Announce First Quarter 2026 Financial Results on May 28, 2026 | ATHM Stock News](https://longbridge.com/en/news/286390966.md) - [FRONTERA ANNOUNCES FIRST QUARTER 2026 RESULTS | FECCF Stock News](https://longbridge.com/en/news/286507909.md) - [Nakamoto Reports First Quarter 2026 Results | NAKA Stock News](https://longbridge.com/en/news/286317239.md) - [Lincoln National Corporation to Hold 2026 Annual Meeting of Shareholders on May 28, 2026 | LNC Stock News](https://longbridge.com/en/news/286414847.md)