For Q1 FY2026 (ended March 31, 2026), the company reported net income of $1,970,459, a 57.1% increase year-over-year. Operating income was a loss of $143,301, improving 56.7% from the prior year. Cash stood at $14,887, and shareholders' equity was negative $7,377,282.
•Net income rose 57.1% YoY to $1.97 million.
•Operating loss narrowed 56.7% YoY to $143,301.
•Cash balance was $14,887; equity was negative $7.38 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Drugs Made In America Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combinations with one or more businesses. Drugs Made In America Acquisition Corp. was incorporated in 2024 and is based in New York, New York.
What does Drugs Made In America Acquisition Corp. (DMAAU) do?
Drugs Made In America Acquisition Corp. is a shell company that currently does not have significant operations. Its primary purpose is to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. This type of company is often referred to as a special purpose acquisition company (SPAC) or blank check company. It was incorporated in 2024 and is based in New York, New York. As of now, it has not identified any target business for a combination.
Where is Drugs Made In America Acquisition Corp. (DMAAU) listed and what currency does it trade in?
Drugs Made In America Acquisition Corp. is listed on the Nasdaq Capital Market (NasdaqGM) under the ticker symbol DMAAU. The stock trades in United States Dollars (USD). Being listed on Nasdaq provides the company with access to a major U.S. exchange, which can facilitate capital raising and provide liquidity for investors. The company is headquartered in New York, New York, United States.
What sector and industry does Drugs Made In America Acquisition Corp. (DMAAU) belong to?
Drugs Made In America Acquisition Corp. operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets. They are often created for the purpose of raising capital through an initial public offering (IPO) and then acquiring or merging with an existing operating company. In this case, the company is a blank check company seeking a business combination.
Where is Drugs Made In America Acquisition Corp. (DMAAU) headquartered and what is its geographic focus?
Drugs Made In America Acquisition Corp. is headquartered in New York, New York, United States. The company was incorporated in 2024 and is based in the U.S. While its name suggests a focus on the American market, the company's business strategy is to pursue a merger or acquisition with one or more businesses, potentially in any industry or region. However, given its U.S. incorporation and listing, it is likely to target U.S.-based businesses.
What is the business model of Drugs Made In America Acquisition Corp. (DMAAU) and how does it generate revenue?
Drugs Made In America Acquisition Corp. does not currently have significant operations or generate revenue from business activities. As a shell company, its business model is to raise capital through an initial public offering and then use those funds to acquire or merge with an existing operating company. The company's management identifies potential target businesses and negotiates a combination. Until such a transaction occurs, the company's only income may come from interest earned on the funds held in trust. Investors in DMAAU are essentially betting on the management's ability to find and complete a successful business combination.