New America Acquisition I Corp. filed its quarterly report on Form 10-Q with the SEC on November 6, 2026, covering the fiscal quarter ended September 30, 2026.

Key Highlights

  • Trust Account balance: Cash held in the Trust Account totaled $355,072,517 as of September 30, 2026, up from $345,917,508 at December 31, 2025.
  • Net income: The company reported net income of $5,921,411 for the nine months ended September 30, 2026, driven by $9,155,009 in interest income earned on cash held in the Trust Account.
  • Redemption price: 34,500,000 Class A shares were subject to possible redemption at $10.21 per share as of September 30, 2026, compared to $10.02 per share at December 31, 2025.
  • Shares outstanding: As of November 6, 2026, the company had 37,300,000 shares of Class A common stock and 12,500,000 shares of Class B common stock issued and outstanding.
  • Earnings per share: Basic and diluted net income per share was $0.12 for both redeemable and non-redeemable common stock for the nine months ended September 30, 2026.
  • Total assets: Total assets were $356,021,668 as of September 30, 2026, compared to $347,460,979 at December 31, 2025.

New America Acquisition I Corp. Reports Q3 2026 Financial Results

New America Acquisition I Corp. (NYSE:NWAX), a blank check company incorporated in Florida and headquartered at 725 Fifth Avenue, 22nd Floor, New York, NY, filed its quarterly report for the period ended September 30, 2026. The company, which was incorporated on May 28, 2025, is classified as a non-accelerated filer, smaller reporting company, and emerging growth company. The filing confirms the company is a shell company as defined under Rule 12b-2 of the Exchange Act.

According to the filing, the company's primary financial activity during the nine-month period was interest income of $9,155,009 earned on cash held in its Trust Account, which offset formation and operating costs of $786,829. After a provision for income taxes of $2,446,769, the company reported net income of $5,921,411 for the nine months ended September 30, 2026. For the three months ended September 30, 2026 specifically, the company reported net income of $2,003,006, with interest income from the Trust Account of $3,128,619 and formation and operating costs of $206,233.

The balance sheet as of September 30, 2026 showed total shareholders' equity of $104,029, down from $890,858 at December 31, 2025, reflecting remeasurement adjustments to Class A common stock subject to possible redemption totaling $6,708,240 across the nine-month period. Total current liabilities grew to $3,524,433 as of September 30, 2026, compared to $247,787 at December 31, 2025, primarily due to accrued expenses and offering costs of $811,081 and income tax payable of $2,679,311. The company also reported cash on hand of $551,130 as of September 30, 2026, compared to $944,106 at December 31, 2025.

What Was Disclosed

New America Acquisition I Corp. disclosed its unaudited financial statements for the quarter and nine months ended September 30, 2026, showing a Trust Account balance of $355,072,517, net income of $5,921,411 for the nine-month period, and 34,500,000 Class A shares subject to possible redemption at $10.21 per share.