---
title: "Shreya Acquisition net loss narrows to $97,808 for nine months ended March 31, 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290248630.md"
description: "Shreya Acquisition Group reported a net loss of $97,808 for the nine months ended March 31, 2026, despite a small quarterly profit. The company has generated no revenue to date. Post-quarter, it raised USD 110 million via IPO and nearly USD 2 million through private placement, resulting in significant cash reserves. However, management expressed substantial doubt about its ability to continue as a going concern if a business combination is not completed before mandatory liquidation."
datetime: "2026-06-18T21:26:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290248630.md)
  - [en](https://longbridge.com/en/news/290248630.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290248630.md)
generator: "portal-rs"
---

# Shreya Acquisition net loss narrows to $97,808 for nine months ended March 31, 2026

-   Shreya Acquisition Group posted net income of $16,397 for the three months ended March 31, 2026, while the nine-month period showed a net loss of $97,808. \* No revenue has been generated to date; results reflected general and administrative costs, with quarterly income tied to a reversal of an accrual. \* Subsequent to quarter-end, it raised USD 110 million in gross IPO proceeds from 11,000,000 units priced at USD 10 and added USD 1,917,500 via a private placement. \* Following the IPO, cash held outside the trust account totaled USD 819,520, with a working capital surplus of USD 797,965. \* Management flagged substantial doubt about going concern if it fails to complete a business combination before mandatory liquidation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shreya Acquisition Group published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-006697), on June 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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