For Q1 FY2026 ended March 31, 2026, Viking Acquisition Corp I reported net income of $1.73 million, despite an operating loss of $273,726. Cash stood at $997,656, while shareholders' equity was negative $8.22 million. The company had no revenue or long-term debt.
•Net income of $1.73 million for Q1 FY2026.
•Operating loss of $273,726.
•Cash of $997,656 and negative equity of $8.22 million.
•No revenue or long-term debt reported.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Viking Acquisition Corp. I does not have significant operations. The company focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Viking Acquisition Corp. I was incorporated in 2025 and is based in New York, New York.
Viking Acquisition Corp. I is a shell company that does not have significant operations of its own. Its primary purpose is to identify and complete a business combination with one or more target businesses. This can take the form of a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar transaction. The company was incorporated in 2025 and is based in New York, New York. As a special purpose acquisition company (SPAC), it raises capital through an initial public offering with the intent to acquire an existing private company, thereby taking it public.
On which stock exchange is Viking Acquisition Corp. I (VACI) listed and what currency is used?
Viking Acquisition Corp. I is listed on the New York Stock Exchange (NYSE) under the ticker symbol VACI. The trading currency for its shares is the United States Dollar (USD). Being listed on the NYSE provides the company with access to a broad base of institutional and retail investors, and it must comply with the exchange's listing standards and regulatory requirements.
What sector and industry does Viking Acquisition Corp. I (VACI) belong to?
Viking 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. They are often created for the purpose of raising funds through an IPO to later acquire or merge with an operating business. In this case, Viking Acquisition Corp. I is a SPAC that will seek a target company to combine with, providing that target with a faster and potentially less costly path to becoming a publicly traded company.
Where is Viking Acquisition Corp. I (VACI) headquartered and what is its geographic focus?
Viking Acquisition Corp. I is headquartered in New York, New York, United States. The company's geographic focus is not explicitly stated in its description, but as a SPAC incorporated in the US and listed on the NYSE, it is likely to seek acquisition targets primarily in the United States. SPACs often look for businesses in sectors where they have management expertise, but Viking Acquisition Corp. I has not disclosed any specific target industry or region beyond its general mandate to combine with one or more businesses.
What is the business model of Viking Acquisition Corp. I (VACI) and how does it generate value?
Viking Acquisition Corp. I generates value by raising capital from public investors through an initial public offering and then using those funds to acquire or merge with a private company. As a SPAC, it does not have ongoing operations or revenue from products or services. Instead, its success depends on the management team's ability to identify a suitable target and complete a business combination. Once a deal is finalized, the target company becomes publicly traded, and shareholders of the SPAC receive equity in the combined entity. The SPAC's management typically earns a promote (a percentage of the equity) as compensation for arranging the transaction.