For Q1 FY2026 ended March 31, 2026, New America Acquisition I Corp. reported net income of $2.06 million, with an operating loss of $0.31 million. Cash stood at $0.86 million and equity at $0.58 million. No revenue or diluted EPS were reported.
•Net income of $2.06 million for Q1 FY2026.
•Operating loss of $0.31 million.
•Cash of $0.86 million and equity of $0.58 million at quarter end.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
New America Acquisition I focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in technology, healthcare, and logistics industries. New America Acquisition I Corp. was incorporated in 2025 and is based in New York, New York.
New America Acquisition I 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 specifically targets businesses in the technology, healthcare, and logistics industries. As a shell company, it does not currently have its own operations or revenue; its sole purpose is to identify and acquire a private company, thereby taking it public. The company was incorporated in 2025 and is based in New York, New York.
On which exchange is New America Acquisition I Corp. listed and in what currency?
New America Acquisition I Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol NWAX. The company trades in US Dollars (USD), which is the standard currency for stocks listed on US 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. The NYSE is one of the largest and most prestigious stock exchanges in the world, and listing there is often seen as a mark of credibility and stability.
What sector and industry does New America Acquisition I Corp. belong to?
New America Acquisition I Corp. operates in the Financial Services sector, specifically within 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 private company. In this case, the company is a SPAC that intends to combine with a target in technology, healthcare, or logistics. As a shell company, it does not generate revenue from its own operations and its value is derived from its potential to complete a successful business combination.
Where is New America Acquisition I Corp. headquartered and what markets does it serve?
New America Acquisition I Corp. is headquartered in New York, New York, United States. The company focuses on identifying acquisition targets primarily in the United States, as indicated by its country and region designation. While it may consider businesses operating globally, its core market is the US, where it seeks to acquire companies in the technology, healthcare, and logistics industries. The company's location in New York places it at the center of the financial world, providing access to capital markets, investment banking expertise, and a network of potential acquisition targets and partners.
What is the business model of New America Acquisition I Corp.?
New America Acquisition I Corp. operates as a special purpose acquisition company (SPAC), which means its business model is to raise capital through an initial public offering (IPO) and then use those funds to acquire or merge with an existing private company. The company does not have its own products, services, or revenue-generating operations. Instead, it provides a pathway for a private company to go public without undergoing a traditional IPO process. The management team identifies and evaluates potential target companies in the technology, healthcare, and logistics industries. Once a target is acquired, the combined entity typically continues operating under the target's business, and the SPAC is dissolved. The company was incorporated in 2025 and is based in New York, New York.