For Q1 FY2026 ended March 31, 2026, Soren Acquisition Corp. reported net income of $1,684,199, despite an operating loss of $303,174. The company had cash of $1,982,569 and equity of $1,966,813, with no long-term debt. Diluted EPS was -$0.01 for the prior quarter.
•Net income of $1,684,199 in Q1 FY2026.
•Operating loss of $303,174.
•Cash and equity of $1,982,569 and $1,966,813, respectively.
•No long-term debt reported.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Soren Acquisition focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company intends to focus on target businesses in the healthcare industry. Soren Acquisition Corp. was incorporated in 2025 and is based in Miami, Florida.
Soren 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 operations or revenue; instead, it raises capital through an initial public offering (IPO) with the intent to acquire an existing private company, thereby taking it public. Soren Acquisition specifically intends to focus on target businesses operating in the healthcare industry. As a shell company, its primary activity is identifying and evaluating potential acquisition targets.
Where is Soren Acquisition Corp. (SORN) listed and what currency does it trade in?
Soren Acquisition Corp. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol SORN. Its securities trade in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. Being listed on NasdaqGM provides the company with access to a broad base of institutional and retail investors, as well as increased visibility and liquidity. The NasdaqGM is one of the three market tiers of Nasdaq, designed for companies that meet certain financial and liquidity requirements.
What sector and industry does Soren Acquisition Corp. (SORN) belong to?
Soren Acquisition Corp. operates in the Financial Services sector and is classified under the Shell Companies industry. Shell companies are entities that have no significant operations or assets, existing primarily as a corporate vehicle for raising funds or facilitating business combinations. In the case of Soren Acquisition, it is a SPAC that raises capital from investors with the goal of acquiring a private company, typically within a specified timeframe. The Financial Services sector encompasses a wide range of businesses that manage money, including banks, investment firms, and insurance companies, but shell companies like SORN are a distinct subset focused on mergers and acquisitions rather than ongoing financial services.
Where is Soren Acquisition Corp. (SORN) headquartered and in which country was it incorporated?
Soren Acquisition Corp. is headquartered in Miami, Florida, United States. The company was incorporated in 2025 under the laws of the United States. As a U.S.-based SPAC, it primarily targets acquisition opportunities within the healthcare industry, although it may consider businesses in other sectors. The Miami location places the company in a major financial and business hub in the southeastern U.S., which may provide access to a network of potential acquisition targets and investors. Being incorporated in 2025, SORN is a newly formed entity, typical for SPACs that are created specifically to execute a business combination within a limited time frame.
What is the business model of Soren Acquisition Corp. (SORN) and how does it generate value?
Soren Acquisition Corp. operates as a blank check company, meaning it has no commercial operations and generates no revenue from business activities. Its business model is to raise capital through an initial public offering (IPO) and then use those funds to acquire a private company, typically within two years. The value for shareholders comes from the successful identification and merger with a target business, which then becomes a publicly traded entity. Soren Acquisition specifically focuses on targets in the healthcare industry. The company's management team evaluates potential acquisition candidates, negotiates terms, and seeks shareholder approval for the merger. If no suitable acquisition is completed within the specified timeframe, the company is typically dissolved and the funds are returned to investors.