Arc Group Securities Acquisition I filed its quarterly report on Form 10-Q with the SEC on November 6, 2026, covering the fiscal quarter ended September 30, 2026, disclosing its financial position following its initial public offering and reporting net income of $464,138 for the three-month period.

Key Highlights

  • Trust Account: Cash and marketable securities held in trust totaled $105,567,810 as of September 30, 2026, compared to nil at December 31, 2025, according to the filing.
  • Shares Subject to Redemption: 10,500,000 Class A ordinary shares were subject to possible redemption at a redemption value of $10.05 per share as of September 30, 2026, the filing stated.
  • Net Income (Q3): The company reported net income of $464,138 for the three months ended September 30, 2026, driven in part by $566,852 in investment income from the trust account.
  • Net Income (Nine Months): Net income for the nine months ended September 30, 2026 was $412,609, the filing disclosed.
  • Shareholders' Deficit: Total shareholders' deficit stood at $(905,284) as of September 30, 2026, with accumulated deficit of $(905,790).
  • Share Forfeiture: On September 17, 2026, an aggregate of 675,000 Class B ordinary shares was forfeited after the underwriters' over-allotment was not exercised, the filing reported.
  • Sponsor Surrender: On May 6, 2026, the Sponsor surrendered 2,217,857 Class B ordinary shares for no consideration, pursuant to a downsize of the initial public offering, according to the filing.

Arc Group Securities Acquisition I: Financial Position and IPO Activity Through September 30, 2026

Arc Group Securities Acquisition I (NASDAQ:FJDI), a blank check company incorporated in the Cayman Islands, filed its quarterly report covering the period ended September 30, 2026. The filing shows total assets of $106,307,677 as of that date, up sharply from $152,926 at December 31, 2025, primarily reflecting the establishment of a trust account holding $105,567,810 in cash and marketable securities following the company's initial public offering. The company disclosed a deferred underwriting fee of $1,575,000 and total liabilities of $1,646,109 as of September 30, 2026.

The company reported a net loss from operations of $199,734 for the three months ended September 30, 2026, reflecting formation and operating costs. However, other income items, including a $566,852 gain from investment income on trust assets and a $97,020 change in fair value of the over-allotment liability, produced net income of $464,138 for the quarter. For the nine months ended September 30, 2026, net income was $412,609. Basic and diluted net income per redeemable ordinary share was $0.75 for the three-month period and $3.41 for the nine-month period, while non-redeemable shares reflected a net loss per share of $(0.90) and $(1.50) for the same periods, respectively.

The filing noted two significant share capital changes during 2026. On May 6, 2026, the Sponsor surrendered 2,217,857 Class B ordinary shares for no consideration in connection with a downsize of the IPO, with all prior period share amounts retroactively restated to reflect this action. Subsequently, on September 17, 2026, an aggregate of 675,000 Class B ordinary shares was forfeited because the underwriters' over-allotment option was not exercised. As of November 6, 2026, the company had 560,000 Class A ordinary shares outstanding (excluding 10,500,000 subject to possible redemption) and 4,500,000 Class B ordinary shares outstanding. The company is classified as a shell company, smaller reporting company, and emerging growth company.

What Was Disclosed

Arc Group Securities Acquisition I disclosed its unaudited financial statements for the quarter and nine months ended September 30, 2026, including trust account balances, net income figures, share forfeiture and surrender events, and total shareholders' deficit following its initial public offering.