Cambridge Acquisition reported no operating revenue for the period and recorded a net loss of $63,178, reflecting formation and general and administrative costs; net income per share was not provided. The company completed a $230 million IPO with proceeds placed in trust to fund a future business combination, and began incurring public-company costs and earning interest on trust funds. Management remains focused on sourcing a target within a 24‑month combination window, subject to shareholder redemption and possible extension procedures.

Financial Highlights

• Revenue: $0 — no operating revenues to date; revenue expected only after completion of a Business Combination.
• Net Income (Loss): $(63,178) — net loss for the period due to formation and G&A costs.
• Net Income Per Share: Not reported in the filing.

Business Highlights

• Capital Raise & Trust Funding: Completed an IPO raising $230 million, with proceeds placed in trust to finance a target acquisition and post-combination operations.
• Search Focus & Strategy: Targeting sectors driven by cultural, regulatory, and technology trends where institutional capital is limited.
• Operational Readiness: Established advisory and administrative agreements and retained a capital markets advisor to support deal sourcing and execution.
• Public Company Transition: Began incurring costs associated with being a public company and is earning interest income on trust funds, anticipating increased compliance and diligence expenses.
• Combination Timeline & Contingency: Has a 24-month window to complete a Business Combination, with procedures for shareholder redemptions and the potential for an extension vote.

Original SEC Filing: Cambridge Acquisition Corp. [ CAQUU ] - 10-K - Mar. 27, 2026