Fifth Era Acquisition Corp I filed a Form 10-Q with the U.S. Securities and Exchange Commission on November 13, 2026, covering the quarterly period ended September 30, 2026.

Key Highlights

  • Share count as of November 13, 2026: 23,600,000 Class A Ordinary Shares (par value $0.0001) and 7,666,667 Class B Ordinary Shares (par value $0.0001) were issued and outstanding.
  • IPO date: The company completed its Initial Public Offering on March 3, 2025, including the full exercise of the Over-Allotment Option for 3,000,000 additional units.
  • Combination Period deadline: According to the filing, the company has until March 3, 2027 (or such earlier date as determined by the Board) to consummate an initial business combination.
  • Deferred Underwriting Fee: The filing discloses a Deferred Underwriting Fee of $10,950,000, payable only upon completion of an initial business combination.
  • Shell company status: The registrant indicated it is a shell company as defined in Rule 12b-2 of the Exchange Act.
  • Pending transaction: The filing references a "Miotal Business Combination," described as a merger and other transactions contemplated by the Miotal Business Combination Agreement.

Fifth Era Acquisition Corp I: Q3 2026 Quarterly Disclosure and Business Combination Status

Fifth Era Acquisition Corp I (NASDAQ:FERAU, NASDAQ:FERA, NASDAQ:FERAR), a Cayman Islands exempted company operating as a special purpose acquisition company (SPAC), filed its quarterly report for the period ended September 30, 2026. As of November 13, 2026, the company reported 23,600,000 Class A Ordinary Shares and 7,666,667 Class B Ordinary Shares outstanding, each with a par value of $0.0001 per share. The company confirmed it is classified as a smaller reporting company and an emerging growth company under applicable SEC definitions.

According to the filing, the company's Combination Period runs through March 3, 2027, representing a 24-month window from the closing of its IPO on March 3, 2025. The filing also notes a Nasdaq 36-Month Requirement, under which the company must complete one or more business combinations within 36 months following the effectiveness of its IPO registration statement. The underwriters' Deferred Underwriting Fee of $10,950,000 remains contingent on the completion of a business combination and, the filing states, "shall not be paid from the accrued interest in the Trust Account."

The filing references a pending "Miotal Business Combination," defined as a merger and related transactions contemplated by the Miotal Business Combination Agreement. No additional financial terms or closing conditions for this transaction are detailed in the portions of the filing provided. The company's principal offices are located at PO Box 1093 Boundary Hall, Cricket Square, Grand Cayman, Cayman Islands. Continental Stock Transfer and Trust Company serves as trustee of the Trust Account and rights agent for the company's Rights.

What Was Disclosed

Fifth Era Acquisition Corp I submitted its Q3 2026 Form 10-Q disclosing share counts, a March 3, 2027 business combination deadline, a $10,950,000 Deferred Underwriting Fee, and a reference to a pending Miotal Business Combination, while confirming its shell company status.