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Clearthink 1 Acquisition Corp.

For the period ended Mar 31, 2026. Filed May 15, 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.

Mar 31, 2026 · Filed May 15, 2026

CTAA$10.03+0.1%Stored close · as of Nov 5, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the quarterly period ended March 31,2026

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

For the transition period from ____ to _____

Commission file number:001-43139

ClearThink 1 Acquisition Corp.

(Name of Registrant in Its Charter)

Cayman IslandsN/A
State or Other Jurisdiction of Incorporation or Organization)(I.R.S. Employer Identification No.)

150 E. Palmetto Park Road

Suite 202

Boca Raton, Florida 33432

(Address of principal executive offices)

+1(561) 358-3696

(Registrant’s Telephone Number, Including Area Code)

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Units, each consisting of one Class A Ordinary Share and one Right to receive one-fifth (1/5) of one Class A Ordinary ShareCTAAUThe Nasdaq Stock Market LLC
Class A Ordinary Shares, par value $0.0001 per shareCTAAThe Nasdaq Stock Market LLC
Rights, each entitling the holder to receive one-fifth (1/5) of one Class A Ordinary ShareCTAARThe Nasdaq Stock Market LLC

Indicate by check whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐No ☒

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☐
Non-accelerated filer ☒Smaller reporting company ☒Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒ No ☐

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:12,515,000 Class A ordinary shares, $0.0001 par value per share, and 4,171,667 Class B ordinary shares, $0.0001 par value per share, at May 15, 2026.

CLEARTHINK 1 ACQUISITION CORP.

TABLE OF CONTENTS

Page
PART I - FINANCIAL INFORMATION:1
Item 1.Financial Statements:1
Condensed Balance Sheets as of March 31, 2026 (unaudited) and December 31, 20251
Unaudited Condensed Statement of Operations for the three months ended March 31, 20262
Unaudited Condensed Statement of Changes in Shareholders’ Equity for the three months ended March 31, 20263
Unaudited Condensed Statement of Cash Flows for the three months ended March 31, 20264
Notes to Unaudited Condensed Financial Statements5
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations14
Item 3.Quantitative and Qualitative Disclosures About Market Risk17
Item 4.Controls and Procedures17
PART II - OTHER INFORMATION:18
Item 1.Legal Proceedings18
Item 1A.Risk Factors18
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds18
Item 3.Defaults Upon Senior Securities18
Item 4.Mine Safety Disclosures18
Item 5.Other Information18
Item 6.Exhibits18
Signatures19

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.