Meshflow 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 0.06.

EBIT: As of FY2026 Q1, the actual value is USD -3.314 M.

MESHFLOW ACQUISITION CORP. is a blank check company that has not commenced operations or generated operating revenues, focusing on organizational efforts, its Initial Public Offering (IPO), and identifying a target for a Business Combination. The company generates non-operating income from interest on marketable securities held in its Trust Account .

Operational Performance (Three Months Ended March 31, 2026)

• Net Income: $2,792,569 .
• Interest Earned on Marketable Securities Held in Trust Account: $3,053,317 .
• Operating Costs: $260,748 .
• Loss from Operations: - $260,748 .

Liquidity and Capital Resources (as of March 31, 2026)

• Cash: $912,829 .
• Cash and Marketable Securities Held in Trust Account: $348,754,061, primarily consisting of money market funds invested in U.S. Treasury Bills .
• Working Capital Surplus: $899,475 .
• Net Cash Used in Operating Activities (Three Months Ended March 31, 2026): - $247,666 .
• IPO Proceeds: The IPO on December 11, 2025, generated gross proceeds of $345,000,000 from 34,500,000 Units at $10.00 per Unit .
• Private Placement Proceeds: The sale of 5,333,333 Private Placement Warrants at $1.50 per Warrant generated gross proceeds of $8,000,000 .
• IPO Related Costs: Totaled $21,368,737, including $6,000,000 in cash underwriting fees, $14,700,000 in deferred underwriting fees, and $668,737 in other costs .

Future Outlook and Strategy

The company’s core business focus is to complete an initial Business Combination, targeting opportunities within the infrastructure layer of the blockchain and digital asset ecosystem . It intends to use substantially all funds in the Trust Account for this purpose, while funds outside the Trust Account will cover identifying targets, due diligence, and structuring the combination . Although the company does not anticipate needing additional funds for current operations, it acknowledges that further financing might be required to complete a Business Combination or if a significant number of public shares are redeemed .