Miluna Acquisition Corp Files Q1 2026 Report, Details Financials Ahead of CADV.AI Merger

summarizeSummary

Miluna Acquisition Corp filed its Q1 2026 report, detailing its financial status, including a $70 million trust account, as it moves forward with the previously announced merger with CADV.AI.

check_boxKey Events

• Q1 2026 Financials Reported

  The company reported a net income of $462,457 for the three months ended March 31, 2026, primarily driven by $612,202 in interest income from its trust account.

• Trust Account Balance Confirmed

  As of March 31, 2026, Miluna Acquisition Corp held $70,083,688 in its trust account, with ordinary shares subject to redemption valued at $10.16 per share.

• Business Combination Progress

  The filing reaffirms the definitive business combination agreement with CADV Ventures S.A. (CADV.AI) entered into on April 23, 2026, which was previously announced via an 8-K filing on April 27, 2026. The combined company will be renamed Kukugan Corp.

• Liquidity Position

  The company reported $476,842 in cash and $551,513 in working capital, with management indicating sufficient cash to meet its obligations for the next year.

auto_awesomeAnalysis

This quarterly report provides the financial position of Miluna Acquisition Corp as of March 31, 2026, following the definitive business combination agreement with CADV Ventures S.A. (CADV.AI) announced on April 23, 2026. The filing confirms the SPAC's healthy trust account balance and liquidity as it progresses towards the merger, which will rename the combined entity Kukugan Corp. This financial update is crucial for investors assessing the upcoming de-SPAC transaction.