FutureCrest Acquisition Corp.
For the period ended Jun 30, 2026. Filed Aug 14, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 14, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-Q
Period ended 2026-03-31; filed 2026-05-15.
0001213900-26-057501
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsCurrent report: 10-Q
Period ended 2026-06-30; filed 2026-08-14.
0001213900-26-090141
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 33 previous paragraphs and 36 current paragraphs.
27 unchanged; 6 reworded; 3 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (3)
Current report
For the six months ended June 30, 2026, we had net income of $4,027,848, which consisted of Interest earned on marketable securities held in Trust Account of $5,144,842, Interest earned on cash held in Operating Bank Account of $12,642, partially offset by general and administrative costs of $1,129,636.
Current report
For the period from June 9, 2025 (inception) through June 30, 2025, we had a net loss of $17,141, which consisted solely of formation, general and administrative costs.
Current report
For the period from June 9, 2025 (inception) through June 30, 2025, net cash used in operating activities was $0. Net loss of $17,141 consisted of payment of expenses through promissory note – related party of $10,420, and changes in operating assets and liabilities of $6,721 used for operating activities.
Reworded paragraphs (6)
Previous wording
We expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete a Business Combination will be successful.
Current wording
We expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete a Business Combination will be successful. During the quarter, management continued evaluating potential targets and incurring diligence costs associated with identifying potential business combination opportunities.
Previous wording
For the three months ended March 31, 2026, we had a net income $1,683,227, which consisted of Interest earned on marketable securities held in Trust Account of $2,552,634 partially offset by general and administrative costs of $869,407.
Current wording
For the three months ended June 30, 2026, we had net income of $2,344,621, which consisted of Interest earned on marketable securities held in Trust Account of $2,592,208, Interest earned on cash held in Operating Bank Account of $5,747, partially offset by general and administrative costs of $253,334.
Previous wording
For the three months ended March 31, 2026, net cash used in operating activities was $149,769. Net income of $1,683,227 consists of interest earned on marketable securities held in the Trust Account of $2,552,634, and changes in operating assets and liabilities of $719,638 used for operating activities.
Current wording
For the six months ended June 30, 2026, net cash used in operating activities was $241,225. Net income of $4,027,848 consists of interest earned on marketable securities held in the Trust Account of $5,144,842, and changes in operating assets and liabilities of $875,769 used for operating activities.
Previous wording
As of March 31, 2026, we had cash and marketable securities held in the Trust Account of $292,857,747 (including approximately $2,552,634 of interest income and unrealized gains, net of unrealized losses). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Current wording
As of June 30, 2026, we had cash and marketable securities held in the Trust Account of $295,449,955 (including approximately $5,144,842 of interest income and unrealized gains, net of unrealized losses). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our share capital or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.
Previous wording
As of March 31, 2026, we had cash of $719,758 held outside of the Trust Account. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.
Current wording
As of June 30, 2026, we had cash of $628,302 held outside of the Trust Account. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.
Previous wording
We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than an agreement that the Company have granted the underwriter a 45-day option from the date of the Initial Public Offering to purchase up to an additional 3,750,000 Units to cover over-allotments, if any.
Current wording
We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than the deferred underwriting fee of $12,250,000 payable upon the completion of the Company’s initial Business Combination, subject to the terms of the underwriting agreement.