Q
Quetta Acquisition Corp
QETARCIK 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 Corp is a blank check company formed to identify and complete a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar initial business combination. It offers sponsor-backed acquisition services focused on sourcing, structuring, and executing business combinations, leveraging management’s deal sourcing, due diligence and cross-border transaction capabilities. Its operations are organized around the search for an initial business combination and related transaction execution activities, with management relationships to Yotta Acquisition Corporation and affiliated sponsors. Quetta targets prospective operating companies primarily in Asia and North America and distributes opportunities through its management’s proprietary network of corporate executives, private equity, investment banks, consultants and family offices.
Summary from filing dated 2025-04-07
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
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro