For Q1 FY2026 ended March 31, 2026, Fifth Era Acquisition Corp I reported net income of $1,291,701, a 107.8% increase year-over-year. Operating income was -$799,742, a significant decline from the prior year. Cash stood at $370,084, and shareholders' equity was negative $14,134,206.
•Net income of $1.29M, up 107.8% YoY.
•Operating loss of $0.80M, down 570.4% YoY.
•Cash of $0.37M; negative equity of $14.13M.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Fifth Era Acquisition Corp I does not have significant operations. It focuses on entering a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Grand Cayman, Cayman Islands.
Fifth Era Acquisition Corp I is a blank check company, also known as a special purpose acquisition company (SPAC), that currently has no significant operations. Its primary business purpose is to identify and complete a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2024 and is based in Grand Cayman, Cayman Islands. As a SPAC, it raises capital through an initial public offering (IPO) with the intention of using those funds to acquire a private company, thereby taking it public. Until a target is identified and a business combination is completed, the company holds its cash in trust and does not generate revenue from operations.
On which stock exchange is Fifth Era Acquisition Corp I (FERA) listed and in what currency?
Fifth Era Acquisition Corp I is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol FERA. The trading currency for shares of FERA is the US Dollar (USD). As a SPAC listed on a US exchange, the company is subject to the reporting and regulatory requirements of the US Securities and Exchange Commission (SEC). Investors can buy and sell FERA shares through brokerage accounts that offer access to Nasdaq-listed securities. The listing on Nasdaq provides liquidity and visibility for the company as it seeks a target for its business combination.
What sector and industry does Fifth Era Acquisition Corp I (FERA) belong to?
Fifth Era Acquisition Corp I 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. In the context of SPACs, they are formed specifically to raise capital through an IPO and then acquire or merge with an existing private company. The Financial Services sector encompasses a wide range of businesses that manage money, including banks, investment firms, and insurance companies. As a shell company, FERA does not provide traditional financial services but rather serves as a vehicle for taking a private company public via a merger.
Where is Fifth Era Acquisition Corp I (FERA) headquartered?
Fifth Era Acquisition Corp I is headquartered in Grand Cayman, Cayman Islands. The Cayman Islands is a British Overseas Territory known for its favorable tax regime and is a common jurisdiction for SPACs and other investment vehicles. The company was incorporated in 2024 under the laws of the Cayman Islands. While its legal domicile is in the Cayman Islands, the company's operations and management may be based elsewhere. As a SPAC, its primary activities involve identifying a target company for a business combination, which could be located in any country. The headquarters address is used for corporate correspondence and regulatory filings.