--- title: "Soren Acquisition - Unit | 10-Q: FY2026 Q1 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/286469647.md" datetime: "2026-05-14T21:13:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286469647.md) - [en](https://longbridge.com/en/news/286469647.md) - [zh-HK](https://longbridge.com/zh-HK/news/286469647.md) --- # Soren 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 -2.291 M. ### Company Overview SOREN ACQUISITION CORP. operates as a single reportable segment and is a blank check company incorporated on September 2, 2025, focused on identifying a target for a Business Combination without having commenced operations or generated operating revenues . ### Operational Metrics (Three Months Ended March 31, 2026) - **General and administrative expenses:** $303,174 - **Loss from operations:** - $303,174 - **Interest earned on cash and marketable securities held in Trust Account:** $1,987,373 - **Net income:** $1,684,199 ### Financial Position (as of March 31, 2026 vs. December 31, 2025) - **Cash:** $1,982,569 (March 31, 2026) compared to $0 (December 31, 2025) . - **Cash and marketable securities held in Trust Account:** $254,987,373 (March 31, 2026) compared to $0 (December 31, 2025) . - **Total Assets:** $257,251,355 (March 31, 2026) compared to $516,675 (December 31, 2025) . - **Total Liabilities:** $297,169 (March 31, 2026) compared to $574,884 (December 31, 2025) . - **Shareholders’ Equity (Deficit):** $1,966,813 (March 31, 2026) compared to - $58,209 (December 31, 2025) . ### Cash Flow (Three Months Ended March 31, 2026) - **Net cash used in operating activities:** - $527,288 - **Net cash used in investing activities:** - $253,000,000 (primarily investment of cash in Trust Account) - **Net cash provided by financing activities:** $255,509,857 - **Net Change in Cash:** $1,982,569 ### Future Outlook and Strategy SOREN ACQUISITION CORP. was formed to effect a Business Combination, intending to use cash from its Initial Public Offering (IPO) and Private Placement Warrants, along with shares or debt, for this purpose . The company has until January 8, 2028, to complete a Business Combination, with potential extensions subject to shareholder approval . Management does not foresee the need to raise additional funds for operating expenses, but acknowledges that unforeseen costs related to identifying and negotiating a Business Combination might necessitate further financing . ### Related Stocks - [SORNU.US](https://longbridge.com/en/quote/SORNU.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Endeavour Announces Results of Annual General Meeting 2026 | EDVMF Stock News](https://longbridge.com/en/news/287245296.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md)