Aimfinity Investment Corp. I SEC 10-Q Report

Aimfinity Investment Corp. I, a company focused on identifying a target for an initial business combination, has released its Form 10-Q report for the quarter ended June 30, 2025. The report provides a detailed overview of the company's financial performance and operational activities during this period. Financial Highlights Net Income: Aimfinity Investment Corp. I reported a net income of $10,494 for the three months ended June 30, 2025, a significant decrease from $438,510 for the same period in 2024. For the six months ended June 30, 2025, net income was $75,425, compared to $877,374 for the same period in 2024, indicating a substantial decline.Basic and Diluted Net Income Per Ordinary Shares Subject to Possible Redemption: The company reported $0.20 for the three months ended June 30, 2025, compared to $0.16 for the same period in 2024. For the six months ended June 30, 2025, the figure was $0.34, compared to $0.30 for the same period in 2024.Basic and Diluted Net Loss Per Ordinary Share Attributable to Aimfinity Investment LLC: The company reported a net loss of $(0.08) for the three months ended June 30, 2025, compared to $(0.05) for the same period in 2024. For the six months ended June 30, 2025, the net loss was $(0.18), compared to $(0.11) for the same period in 2024. Business Highlights Segment Performance: Aimfinity Investment Corp. I operates as a single segment, focusing on identifying a target company for an initial business combination. The Chief Executive Officer reviews the operating results for the company as a whole to make decisions about resource allocation and financial performance.Operational Activities: As of June 30, 2025, the company had not commenced any operations beyond organizational activities and preparations for the IPO. The company is in the process of identifying a target for an initial business combination.Interest Income: The company generates non-operating income in the form of interest income from the proceeds derived from the IPO, which are held in a trust account.Future Outlook: Aimfinity Investment Corp. I plans to effectuate its initial business combination using cash from the IPO proceeds, sale of shares, debt, or a combination of these. The company expects to incur significant costs in pursuit of its acquisition plans and acknowledges the risks associated with early-stage emerging growth companies.Geographical Performance: The company is incorporated in the Cayman Islands and is not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States.Business Combination Efforts: The company has entered into a merger agreement with Docter Inc. and is working towards completing the business combination by the extended deadline of October 28, 2025.Operational Challenges: The company faces substantial doubt about its ability to continue as a going concern due to insufficient cash and working capital to complete its planned activities for the upcoming year.Market Conditions: Aimfinity Investment Corp. I acknowledges the potential impact of geopolitical events, such as the military action in Ukraine, on its ability to consummate an initial business combination and raise necessary financing.SEC Filing: Aimfinity Investment Corp. I [ AIMTF ] - 10-Q - Oct. 17, 2025