Business Context and Reporting Period
Company: Cambridge Acquisition Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: February 9, 2026
Event: Consummation of Initial Public Offering (IPO) and Private Placement.
Reporting Period: As of February 9, 2026 (Balance Sheet date).
Key Financial Metrics
| Metric | Value |
|---|---|
| Gross IPO Proceeds | $230,000,000 |
| Private Placement Proceeds | $4,955,000 |
| Total Funds in Trust Account | $230,000,000 |
| Units Sold (IPO) | 23,000,000 (including 3,000,000 over-allotment) |
| Private Units Sold | 495,500 |
| Offering Price per Unit | $10.00 |
| Warrant Exercise Price | $11.50 per share |
| Deferred Underwriting Discount | Up to $8,050,000 |
Note: Revenue, profit, cash flow, and operating margins are not applicable as this filing reports the capitalization event of a Special Purpose Acquisition Company (SPAC) prior to business operations. The filing text does not provide a clear value for net income or operating cash flow.
Material Changes
This filing represents the initial capitalization of the Company. There is no prior comparable period for operational financial metrics. The material change is the transition from a private entity to a public company with $230,000,000 placed in a trust account to fund a future business combination.
Outlook, Risks, and Management Commentary
- Trust Account: $230,000,000 is held in a U.S.-based trust account with Continental Stock Transfer & Trust Company.
- Securities Structure: Units consist of one Class A ordinary share and one-third of one redeemable warrant. Warrants allow purchase of one share at $11.50.
- Emerging Growth Company: The registrant has elected to be treated as an emerging growth company.
- Financial Statements: An audited balance sheet as of February 9, 2026, is included as Exhibit 99.1.
Investor Verification Checklist
- Verify the full text of the Audited Balance Sheet (Exhibit 99.1) to confirm the exact cash balance and liabilities post-IPO.
- Confirm the specific terms of the deferred underwriting discount ($8,050,000) and its payment conditions upon a business combination.
- Review the warrant redemption provisions and adjustment mechanisms detailed in the final prospectus.
- Check for any subsequent filings regarding the selection of a target company for the business combination.