RRE Ventures Acquisition Corp. filed its Form 10-Q for the quarter ended September 30, 2026, with the SEC on November 12, 2026, reporting net income of $2,128,417 for the three months ended September 30, 2026, and $253,721,875 held in its Trust Account.

Key Highlights

  • Trust Account balance: $253,721,875 in cash held in Trust as of September 30, 2026, corresponding to a redemption value of $10.15 per share for 25,000,000 Class A ordinary shares.
  • Quarterly net income: $2,128,417 for the three months ended September 30, 2026, driven primarily by $2,317,837 in interest earned on the Trust Account.
  • Inception-to-date net income: $3,216,216 for the period from February 26, 2026 (inception) through September 30, 2026.
  • Total assets: $254,522,252 as of September 30, 2026, with total liabilities of $10,521,679, including a $10,000,000 deferred underwriting fee payable.
  • Shareholders' deficit: $(9,721,302) as of September 30, 2026, reflecting accumulated deficit of $(9,615,115).
  • Shares outstanding: 25,000,000 Class A ordinary shares and 8,333,333 Class B ordinary shares as of November 12, 2026.
  • Operating cash used: $(526,045) for the period from inception through September 30, 2026, against $251,098,929 net cash provided by financing activities.

RRE Ventures Acquisition Corp. Financial Results for Q3 2026

According to the filing, RRE Ventures Acquisition Corp. (NASDAQ:RREV) reported total assets of $254,522,252 as of September 30, 2026, with the overwhelming majority, $253,721,875, held in its Trust Account. The 25,000,000 Class A ordinary shares subject to possible redemption were carried at a redemption value of $10.15 per share, equal to the Trust Account balance. The company also held $572,884 in cash outside the Trust and $160,723 in prepaid expenses as current assets.

For the three months ended September 30, 2026, the company reported formation, general, and administrative costs of $193,541, resulting in a loss from operations of $(193,541). Other income of $2,321,958 for the quarter, consisting primarily of $2,317,837 in interest earned on cash held in the Trust Account and $4,121 in interest on the operating account, produced net income of $2,128,417. Basic and diluted net income per share was $0.06 for both Class A redeemable ordinary shares and Class B ordinary shares for the quarter. For the period from inception through September 30, 2026, net income per share was $0.12 for each class.

The filing disclosed total liabilities of $10,521,679, which included $233,679 in accrued expenses, $75,000 in accrued offering costs, $213,000 in deferred legal fees, and a $10,000,000 deferred underwriting fee payable. From inception through September 30, 2026, financing activities provided $251,098,929 in net cash, primarily from proceeds from the sale of Units net of underwriting discounts of $245,000,000 and proceeds from the sale of Private Placement Warrants of $6,902,980. The company invested $250,000,000 into the Trust Account during the same period. The registrant identified itself as a shell company, smaller reporting company, and emerging growth company in the filing.

What Was Disclosed

RRE Ventures Acquisition Corp. disclosed its unaudited condensed financial statements for the quarter ended September 30, 2026, covering its balance sheet, income statement, changes in shareholders' deficit, and cash flows from its February 26, 2026 inception date through that quarter's end.