For Q1 FY2026 ended March 31, 2026, MOZAYYX Acquisition Corp. reported net income of $822,679, with cash of $1,290,999 and negative equity of $11,437,067. No revenue or operating income was reported. The company filed several 8-Ks related to officer changes and other events.
•Net income of $822,679 for Q1 FY2026.
•Cash balance of $1,290,999 as of March 31, 2026.
•Negative equity of $11,437,067 indicates accumulated deficits.
•No revenue or operating income reported for the quarter.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
MOZAYYX Acquisition focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. MOZAYYX Acquisition Corp. was incorporated in 2025 and is based in Austin, Texas.
MOZAYYX Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company does not have its own operating business or revenue; instead, it raises capital through an initial public offering (IPO) with the intent to acquire or merge with an existing private company, thereby taking that company public. As of its incorporation in 2025, MOZAYYX Acquisition Corp. is actively seeking a suitable target business to combine with, focusing on opportunities that align with its strategic criteria.
Where is MOZAYYX Acquisition Corp. listed and in which currency?
MOZAYYX Acquisition Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol MZYX. The company trades in U.S. dollars (USD), which is the standard currency for securities listed on U.S. exchanges. Being listed on the NYSE provides the company with access to a broad base of institutional and retail investors, as well as high liquidity and visibility in the global financial markets. The shares of MOZAYYX Acquisition Corp. are denominated in USD, and all financial transactions, including the trust account holding the IPO proceeds, are conducted in U.S. dollars.
What sector and industry does MOZAYYX Acquisition Corp. belong to?
MOZAYYX 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, existing primarily for the purpose of raising capital through an IPO to acquire or merge with an existing operating business. In this context, MOZAYYX Acquisition Corp. is a SPAC that serves as a vehicle for private companies to go public without undergoing a traditional IPO process. The company's financial services classification reflects its role in facilitating corporate transactions and capital markets activities, rather than providing traditional banking or investment services.
Where is MOZAYYX Acquisition Corp. headquartered?
MOZAYYX Acquisition Corp. is headquartered in Austin, Texas, United States. The company was incorporated in 2025 and is based in Austin, a major hub for technology and business innovation. Austin's vibrant economy and favorable business environment make it an attractive location for corporate headquarters. As a SPAC, MOZAYYX Acquisition Corp. operates primarily from its Austin office, where its management team evaluates potential acquisition targets and manages the process of identifying and completing a business combination. The company's geographic focus is on the United States market, though it may consider targets in other regions as well.
How does MOZAYYX Acquisition Corp. make money?
MOZAYYX Acquisition Corp. does not generate revenue from operations, as it is a shell company with no active business activities. Instead, its business model involves raising capital through an initial public offering (IPO) and placing the proceeds into a trust account. The company's management team then identifies a private company to acquire or merge with, typically within a specified timeframe (often 18-24 months). If a successful business combination is completed, the target company becomes publicly traded, and the SPAC's shareholders receive equity in the combined entity. The sponsors and management of MOZAYYX Acquisition Corp. may earn a return on their investment through founder shares or warrants. If no suitable acquisition is found within the timeframe, the trust funds are returned to shareholders.