QDRO Acquisition Corp. filed its Form 10-Q for the quarter ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 13, 2026, covering its first full quarterly period following its March 2026 initial public offering.

Key Highlights

  • Trust Account balance: Cash and marketable securities held in Trust Account totaled $203,640,271 as of September 30, 2026, compared to $0 at December 31, 2025.
  • Net income for Q3 2026: The company reported net income of $1,562,681 for the three months ended September 30, 2026, driven by $1,830,474 in interest earned on Trust Account assets.
  • Nine-month net income: Net income for the nine months ended September 30, 2026 was $2,507,651, while general and administrative costs for the same period were $1,132,620.
  • Class A shares outstanding: As of November 13, 2026, there were 20,000,000 Class A ordinary shares and 5,000,000 Class B ordinary shares issued and outstanding.
  • Redemption value: The 20,000,000 Class A ordinary shares subject to possible redemption carried a redemption value of $10.18 per share as of September 30, 2026.
  • Shareholders' deficit: Total shareholders' deficit was $(8,100,888) as of September 30, 2026, compared to $(66,126) at December 31, 2025.
  • Founder share forfeiture: On March 30, 2026, 750,000 Class B ordinary shares were forfeited after underwriters did not exercise the over-allotment option, leaving the Sponsor with 5,000,000 Class B shares.

QDRO Acquisition Corp. Financial Position Following Its Initial Public Offering

QDRO Acquisition Corp. (NASDAQ:QADR), a Cayman Islands-incorporated blank check company headquartered at 1140 Avenue of the Americas, 9th Floor, New York, NY 10036, filed its quarterly report covering the period ended September 30, 2026. According to the filing, the company completed its Initial Public Offering on March 30, 2026, with proceeds directed into a Trust Account. As of September 30, 2026, that account held $203,640,271 in cash and marketable securities.

The filing disclosed that total assets stood at $204,110,674 as of September 30, 2026, against total liabilities of $8,571,291, which included a deferred underwriting fee payable of $8,000,000 and a deferred legal fee payable of $411,911. The company reported a total shareholders' deficit of $(8,100,888), reflecting accretion charges tied to Class A ordinary shares being carried at redemption value. For the three months ended September 30, 2026, interest earned on Trust Account holdings of $1,830,474 more than offset general and administrative costs of $267,793, resulting in net income of $1,562,681. Basic and diluted net income per share for both Class A redeemable and Class B non-redeemable ordinary shares was $0.06 for the quarter.

The filing also noted that the company sold 6,000,000 Private Placement Warrants, generating proceeds of $6,000,000, and that the fair value of Public Warrants included in Units was $2,470,000. The company confirmed it is classified as a smaller reporting company, non-accelerated filer, and emerging growth company, and that it is a shell company as defined under Rule 12b-2 of the Exchange Act. The registered securities include units trading under the symbol QADRU, Class A ordinary shares under QADR, and Redeemable Warrants under QADRW, all on The Nasdaq Stock Market LLC.

What Was Disclosed

QDRO Acquisition Corp. disclosed its unaudited financial statements for the quarter and nine months ended September 30, 2026, reflecting its first operating period following its March 2026 IPO, including Trust Account holdings, redemption values, share counts, and income driven by trust interest.