Q
Quetta Acquisition Corp
QETACIK 0001978528NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthBlank ChecksNew YorkFY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$-780.9K
Total Assets
$19.26M
Equity
$-5.11M
Shares Out
3.75M
Op. Cash Flow
$-1.83M
Business
Quetta Acquisition Corporation is a blank-check company formed to identify and acquire one or more operating businesses through a merger, share exchange, asset acquisition, or similar business combination. The company targets private businesses, primarily in Asia, with strong management and defensible market positions that may benefit from U.S. public-market access. Quetta has no current revenue and funds operations through securities sales and sponsor loans; it is currently pursuing a business combination with Smart Kreate Group Limited.
Summary from 10-K filed 2026-04-23
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Formation and operational costs | 1 | 623,356 | |
| Related party administrative fees | 120,000 | 120,000 | |
| Franchise tax expense | 40,800 | 67,178 | |
| Loss from operations | −1 | −810,534 | |
| Interest income | 8,480 | 21,018 | |
| Interest earned on cash and investments held in Trust Account | 845,374 | 4 | |
| Income (loss) before income taxes | −613,877 | 3 | |
| Provision for income taxes | −167,047 | −754,259 | |
| Net income (loss) | −780,924 | 2 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-04-30 |
|---|---|---|---|---|---|
| Cash | 1,195 | 2 | 610,185 | — | |
| Prepaid expenses and other assets | 8,334 | 18,981 | 108,212 | — | |
| Other current asset | 12,902 | — | — | — | |
| Total Current Assets | 22,431 | 2 | 718,397 | — | |
| Cash and investments held in Trust Account | 19 | 73 | — | — | |
| Total Assets | 19 | 75 | 71 | — | |
| Due to related party - administrative fee | — | 30,000 | 28,710 | — | |
| Due to related party | 291,765 | 3,951 | — | — | |
| Other liability | 48,235 | — | — | — | |
| Accounts payable and accrued expenses | 561,813 | 70,978 | 18,254 | — | |
| Franchise tax payable | — | 66,000 | 14,378 | — | |
| Income tax payable | — | 931,118 | 170,649 | — | |
| Excise tax payable | 551,522 | — | — | — | |
| Total Current Liabilities | 3 | 2 | 231,991 | — | |
| Deferred underwriting fee payable | 2 | 2 | 2 | — | |
| Total Liabilities | 5 | 4 | 3 | — | |
| Commitments and Contingencies | — | — | — | — | |
| Common stock subject to possible redemption, $0.0001 par value; 20,000,000 shares authorized; 1,700,703 and 6,900,000 shares issued and outstanding at redemption value of $11.34 and $10.60 as of December 31, 2025 and 2024, respectively | 19 | 73 | 70 | — | |
| Common stock, $0.0001 par value; 20,000,000 shares authorized; 2,047,045 shares issued and outstanding (excluding 1,700,703 and 6,900,000 shares subject to possible redemption as of December 31, 2025 and 2024, respectively) | 204 | 204 | 204 | — | |
| Accumulated deficit | −5 | −2 | −2 | — | |
| Total Stockholders Deficit | −5 | −2 | −2 | — | |
| TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT | 19 | 75 | 71 | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Prepaid expenses and other assets | 10,647 | 89,231 | |
| Prepaid franchise and income taxes | −12,902 | — | |
| Accounts payable and accrued expenses | 490,835 | 52,724 | |
| Income tax payable | −931,118 | 760,469 | |
| Franchise tax payable | −66,000 | 51,622 | |
| Due to related party | 336,049 | 3,951 | |
| Due to related party - administrative fee | −30,000 | 1,290 | |
| Net cash used in operating activities | −2 | −584,488 | |
| Cash withdrawn from Trust Account to pay redeemed public stockholders | 55 | — | |
| Cash deposited into Trust Account for term extensions | −720,000 | — | |
| Cash withdrawn from Trust Account to pay taxes | 295,245 | 1 | |
| Net cash provided by investing activities | 55 | 1 | |
| Payment to redeemed public stockholders | −55 | — | |
| Proceeds from promissory note - related party | 160,000 | — | |
| Proceeds from promissory note - KM QUAD | 540,000 | 500,000 | |
| Net cash (used in) provided by financing activities | −54 | 500,000 | |
| Net Changes in Cash | −2 | 944,552 | |
| Cash paid for income taxes | 1 | — | |
| Other liability | 48,235 | — | |
| Excise tax imposed on common stock redemptions | 551,522 | — | |
| Remeasurement of common stock subject to possible redemption | 588,663 | 3 |
Filings
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Frequently asked questions
What is Quetta Acquisition Corp's CIK number?
Quetta Acquisition Corp's SEC CIK number is 0001978528 (1978528). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Quetta Acquisition Corp's SEC filings?
All of Quetta Acquisition Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.