---
title: "HCM IV Acquisition | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286465727.md"
datetime: "2026-05-14T20:42:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286465727.md)
  - [en](https://longbridge.com/en/news/286465727.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286465727.md)
generator: "portal-rs"
---

# HCM IV 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 -0.13.

EBIT: As of FY2026 Q1, the actual value is USD -1.911 M.

HCM IV Acquisition Corp. operates as a single segment, with its Chief Executive Officer evaluating the company’s overall operating results to make resource allocation and performance assessment decisions .

#### Financial Performance (Three Months Ended March 31, 2026)

-   **Net Loss**: HCM IV Acquisition Corp. reported a net loss of - $2,946,856 .
-   **Loss from Operations**: The loss from operations was - $897,741 .
-   **General and Administrative Costs**: These costs amounted to $897,741 .
-   **Advisory Fee Expense**: The company incurred an advisory fee expense of - $3,062,500 .
-   **Interest Income**: Interest earned on marketable securities held in the Trust Account was $1,011,298, and other interest income from a bank account was $2,087 .
-   **Other Expense, Net**: Totaled - $2,049,115 .

#### Financial Position (As of March 31, 2026)

-   **Cash**: The company held $1,023,362 in cash .
-   **Working Capital**: A working capital surplus of $338,881 was reported .
-   **Cash and Marketable Securities in Trust Account**: $288,511,298 was held in the Trust Account, including approximately $1,011,298 of interest income, primarily consisting of U.S. Treasury Bills .
-   **Total Assets**: Total assets were $289,748,874 .
-   **Total Liabilities**: Total liabilities amounted to $17,821,829 .
-   **Shareholders’ Deficit**: The shareholders’ deficit was - $16,584,253 .

#### Cash Flow (Three Months Ended March 31, 2026)

-   **Net Cash Used in Operating Activities**: Net cash used in operating activities was - $255,222, primarily influenced by the net loss, interest earned on trust account investments, and changes in operating assets and liabilities .
-   **Net Cash Used in Investing Activities**: Net cash used in investing activities was - $287,500,000, mainly due to the investment of cash in the Trust Account .
-   **Net Cash Provided by Financing Activities**: Net cash provided by financing activities was $288,778,584, including proceeds from the sale of Units (net of underwriting discounts paid) of $282,500,000 and proceeds from the sale of Private Placement Warrants of $7,000,000 .

#### Transaction Details

-   **Initial Public Offering (IPO)**: On February 13, 2026, the company consummated its IPO, selling 28,750,000 Units at $10.00 per Unit, generating gross proceeds of $287,500,000 .
-   **Private Placement Warrants**: Simultaneously, 4,666,667 Private Placement Warrants were sold at $1.50 each, generating gross proceeds of $7,000,000 .
-   **Total Transaction Costs**: Total transaction costs amounted to $19,591,443, including $5,000,000 in cash underwriting fees, $13,687,500 in deferred underwriting fees, and $903,943 in other offering costs .

#### Outlook and Strategy

HCM IV Acquisition Corp. is a blank check company focused on effecting a business combination and does not anticipate generating operating revenues until after its initial business combination is complete . The company expects non-operating income from interest and/or dividend income on investments held in the Trust Account . Funds within the Trust Account are intended for completing the business combination, while funds outside the Trust Account will be used for identifying target businesses, conducting due diligence, and negotiating a business combination .

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**