---
title: "GLOBA TERRA ACQUISITION CORPORATION C/WTS 17/06/2030 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286470532.md"
datetime: "2026-05-14T21:20:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286470532.md)
  - [en](https://longbridge.com/en/news/286470532.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286470532.md)
---

# GLOBA TERRA ACQUISITION CORPORATION C/WTS 17/06/2030 (TO PUR COM) | 10-Q: FY2026 Q1 Revenue: USD 0

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

EBIT: As of FY2026 Q1, the actual value is USD -1.755 M.

GLOBA TERRA ACQUISITION CORPORATION operates as a single reporting segment and is a blank check company with no current operations or revenues .

#### Operational Metrics

-   **Net Income:** For the three months ended March 31, 2026, the company reported a net income of $1,340,806, compared to $0 for the three months ended March 31, 2025 .
-   **Expenses:** Formation and operating expenses amounted to $207,281 for the three months ended March 31, 2026, up from $0 in the prior year period .
-   **Other Income:** The company generated $1,548,087 in interest income from investments held in trust for the three months ended March 31, 2026, compared to $0 in the prior year period .

#### Cash Flow

-   **Net Cash Used in Operating Activities:** For the three months ended March 31, 2026, net cash used in operating activities was - $168,880 . This was primarily influenced by a net income of $1,340,806, offset by - $1,548,087 in interest earned on investments held in trust, a decrease of - $26,078 in prepaid expenses, and an increase of $64,479 in accrued expenses . For the three months ended March 31, 2025, net cash used in operating activities was $0 .
-   **Cash Flows from Investing Activities:** Both the three months ended March 31, 2026, and March 31, 2025, reported $0 in cash flows from investing activities .
-   **Cash Flows from Financing Activities:** For the three months ended March 31, 2026, cash used in financing activities was - $10,692 . In contrast, the company reported $137,500 in cash provided by financing activities for the three months ended March 31, 2025 .
-   **Cash at End of Period:** As of March 31, 2026, cash in the operating bank account was $371,555 .

#### Unique Metrics

-   **Investment Held in Trust:** As of March 31, 2026, the company held $179,929,040 in its Trust Account, an increase from $178,380,953 as of December 31, 2025 .
-   **Class A Ordinary Shares Subject to Possible Redemption:** The value of Class A ordinary shares subject to possible redemption was $179,929,040 as of March 31, 2026, including $1,548,087 in accretion of carrying value to redemption value during the period .

#### Future Outlook and Strategy

GLOBA TERRA ACQUISITION CORPORATION aims to complete a business combination with high potential businesses in North America, utilizing its Trust Account funds for the combination and remaining proceeds for working capital, other acquisitions, and growth strategies . The company may seek additional financing through equity, convertible debt, or loans if needed for the business combination or to cover redemptions . Failure to complete a business combination by October 9, 2026, or secure an extension, will lead to liquidation and redemption of Public Shares, raising substantial doubt about its ability to continue as a going concern .

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