---
title: "Peace Acquisition Corp. 1Q 2026: Net income $(56.4K), EPS $(0.03) — 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291006518.md"
description: "Peace Acquisition Corp. reported a Q1 2026 net loss of $56.4K, with EPS of $(0.03). The company completed its IPO in May 2026, raising $60M for an initial business combination targeting Asia-based acquisitions (excluding China). Approximately $400K is available outside the trust for operational costs."
datetime: "2026-06-26T20:41:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291006518.md)
  - [en](https://longbridge.com/en/news/291006518.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291006518.md)
generator: "portal-rs"
---

# Peace Acquisition Corp. 1Q 2026: Net income $(56.4K), EPS $(0.03) — 10-Q Summary

Peace Acquisition Corp. reported a net loss of $56.4K for the first quarter of 2026, with basic and diluted loss per share of $(0.03), according to its 10-Q filing.

**Financial Highlights**

-   Net income: $(56,387) for Q1 2026 (net loss of $56.4K).
-   Diluted earnings per share: $(0.03) for Q1 2026 (basic and diluted net loss per share).

**Business Highlights**

-   IPO completed May 26, 2026; $60.0M of proceeds placed in trust to fund an initial business combination.
-   Blank-check vehicle targeting Asia-based acquisitions (excluding China) to pursue mergers or asset purchases.
-   Approximately $400K available outside the trust to fund target search, due diligence, travel and transaction costs.
-   Engaged EBC for business-combination marketing and Ascendant for accounting; ongoing administrative services are arranged.

Original SEC Filing: Peace Acquisition Corp. \[ PECE \] - 10-Q - Jun. 26, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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