Tailwind 2.0 Acquisition Corp. filed its Form 10-Q for the quarter ended September 30, 2026 with the SEC on November 13, 2026, reporting net income of $1,353,267 for the three-month period and cash and marketable securities held in trust of $178,052,467.

Key Highlights

  • Trust Account Balance: Cash and marketable securities held in Trust Account totaled $178,052,467 as of September 30, 2026, up from $173,442,299 at December 31, 2025.
  • Redemption Value: The 17,250,000 Class A ordinary shares subject to possible redemption carried a per-share redemption value of $10.32 as of September 30, 2026, compared to $10.05 at December 31, 2025.
  • Net Income: The company reported net income of $1,353,267 for the three months ended September 30, 2026, and net income of $4,106,538 for the nine months ended September 30, 2026.
  • Trust Interest Earned: Interest earned on cash and marketable securities held in Trust Account was $1,666,043 for the three months ended September 30, 2026, and $5,222,252 for the nine-month period.
  • Shares Outstanding: As of November 12, 2026, there were 17,795,000 Class A ordinary shares and 5,750,000 Class B ordinary shares issued and outstanding.
  • Shareholders' Deficit: Total shareholders' deficit was $(6,322,990) as of September 30, 2026, compared to $(5,819,360) at December 31, 2025.
  • Deferred Underwriting Fee: A deferred underwriting fee payable of $6,900,000 remained on the balance sheet as of September 30, 2026.

Tailwind 2.0 Acquisition Corp. Financial Position and Operations Through September 30, 2026

According to the filing, Tailwind 2.0 Acquisition Corp. (NASDAQ:TDWDU) reported total assets of $178,840,510 as of September 30, 2026, with the vast majority consisting of cash and marketable securities held in Trust Account at $178,052,467. The company's current assets outside the trust were $776,328, including cash of $593,780, prepaid expenses of $36,122, and prepaid insurance of $140,575. The filing indicates the company is classified as a smaller reporting company and an emerging growth company, and is identified as a shell company.

For the three months ended September 30, 2026, the company reported general and administrative expenses of $199,550 and a loss from operations of $199,550. This was more than offset by other income of $1,552,817, which included $1,666,043 of interest earned on the trust account and an unrealized loss on marketable securities held in Trust Account of $113,226, resulting in net income of $1,353,267. For the nine months ended September 30, 2026, net income was $4,106,538, driven by $5,222,252 in trust interest partially reduced by an unrealized loss of $612,084 and operating expenses of $503,630.

The filing discloses that accretion for Class A ordinary shares to redemption amount reduced accumulated equity by $1,552,816 during the third quarter alone, and by a cumulative $4,610,168 for the nine-month period, contributing to the growing shareholders' deficit. As of September 30, 2026, accumulated deficit stood at $(6,323,620). The company's Class B ordinary shares were issued at inception on May 29, 2025, to initial shareholders for $25,000 in total consideration. The filing notes that the underwriters exercised their over-allotment option in full on November 10, 2025, meaning 750,000 Class B shares previously subject to forfeiture were no longer at risk.

What Was Disclosed

Tailwind 2.0 Acquisition Corp. disclosed its unaudited condensed financial statements for the quarter and nine months ended September 30, 2026, covering trust account growth, net income driven by trust interest, a growing shareholders' deficit, and share and redemption value details.