Voyager Acquisition Corp. Files Q2 2024 10-Q
Ticker: VACHW · Form: 10-Q · Filed: Sep 24, 2024 · CIK: 2006815
| Field | Detail |
|---|---|
| Company | Voyager Acquisition Corp./Cayman Islands (VACHW) |
| Form Type | 10-Q |
| Filed Date | Sep 24, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.0001, $11.50, $25,000, $10.05 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, blank-check, financials, securities
TL;DR
**Voyager Acquisition Corp. 10-Q filed: Q2 2024 financials out, shows share/warrant details.**
AI Summary
Voyager Acquisition Corp. filed its 10-Q for the period ending June 30, 2024. The filing details the company's financial position, including ordinary shares and warrants. Voyager Acquisition Corp. is incorporated in the Cayman Islands and operates in the blank check sector.
Why It Matters
This filing provides a snapshot of Voyager Acquisition Corp.'s financial health and share structure as of mid-2024, crucial for investors tracking the company's progress.
Risk Assessment
Risk Level: medium — As a blank check company, Voyager Acquisition Corp. faces inherent risks related to its ability to identify and complete a business combination.
Key Numbers
- 20240630 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial information is reported.)
- 20240924 — Filing Date (The date the 10-Q was officially filed with the SEC.)
Key Players & Entities
- Voyager Acquisition Corp. (company) — Filer of the 10-Q
- Cayman Islands (location) — Jurisdiction of incorporation
- 6770 (SIC_code) — Standard Industrial Classification for Blank Checks
- 001-42211 (SEC_file_number) — SEC file number for Voyager Acquisition Corp.
FAQ
What is the primary business of Voyager Acquisition Corp.?
Voyager Acquisition Corp. is classified under SIC code 6770, indicating it is a blank check company.
What is the jurisdiction of incorporation for Voyager Acquisition Corp.?
Voyager Acquisition Corp. is incorporated in the Cayman Islands.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending June 30, 2024.
What is the SEC file number for Voyager Acquisition Corp.?
The SEC file number for Voyager Acquisition Corp. is 001-42211.
What types of securities are mentioned in relation to Voyager Acquisition Corp.?
The filing mentions Class A Ordinary Shares, Class B Ordinary Shares, and Warrants.
Filing Stats: 4,674 words · 19 min read · ~16 pages · Grade level 17.5 · Accepted 2024-09-24 16:05:26
Key Financial Figures
- $0.0001 — et Class A ordinary shares, par value $0.0001 per share VACH The Nasdaq Global Ma
- $11.50 — ne Class A ordinary share at a price of $11.50 per share , exercisable 30 days after t
- $25,000 — January 11, 2024, the Company received $25,000 for issuing 5,750,000 Class B ordinary
- $10.05 — ding Trust Account assets) will be only $10.05 per share initially held in the Trust A
Filing Documents
- voyageracq_10q.htm (10-Q) — 362KB
- voyageracq_ex31-1.htm (EX-31.1) — 8KB
- voyageracq_ex31-2.htm (EX-31.2) — 9KB
- voyageracq_ex32-1.htm (EX-32.1) — 4KB
- 0001829126-24-006435.txt ( ) — 2121KB
- vachu-20240630.xsd (EX-101.SCH) — 22KB
- vachu-20240630_cal.xml (EX-101.CAL) — 18KB
- vachu-20240630_def.xml (EX-101.DEF) — 116KB
- vachu-20240630_lab.xml (EX-101.LAB) — 137KB
- vachu-20240630_pre.xml (EX-101.PRE) — 134KB
- voyageracq_10q_htm.xml (XML) — 197KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION 1
Financial Statements (Unaudited)
Item 1. Financial Statements (Unaudited) 1
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 18
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk 23 Item 4. Evaluation of Disclosure Controls and Procedures 23
- OTHER INFORMATION
PART II - OTHER INFORMATION 24
Legal Proceedings
Item 1. Legal Proceedings 24
Risk Factors
Item 1A. Risk Factors 24
Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 24
Defaults Upon Senior Securities
Item 3. Defaults Upon Senior Securities 24
Mine Safety Disclosure
Item 4. Mine Safety Disclosure 24
Other Information
Item 5. Other Information 24
Exhibits
Item 6. Exhibits 25
Signatures
Signatures 26 i CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this Quarterly Report on Form 10-Q are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. All statements contained in this Quarterly Report on Form 10-Q other than statements of historical facts, including statements regarding our future results of operations and financial position, our business strategy and plans and our objectives for future operations, are forward-looking statements. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in "Risk Factors" of our Prospectus dated July 31, 2024 and in any subsequent filing we make with the SEC, as well as in any documents incorporated by reference that describe risks and factors that could cause results to differ materially from those projected in these forward-looking statements. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events
— FINANCIAL INFORMATION
PART I — FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements. Voyager Acquisition Corp. INDEX TO FINANCIAL STATEMENTS Page Condensed Balance Sheets as of June 30, 2024 (Unaudited) and December 31, 2023 2 Condensed Statements of Operations for the three months and six months ended June 30, 2024 (Unaudited) 3 Condensed Statements of Changes in Shareholder's Deficit for the three months and six months ended June 30, 2024 (Unaudited) 4 Condensed Statement of Cash Flows for the six months ended June 30, 2024 (Unaudited) 5 Notes to the Condensed Financial Statements (Unaudited) 6 1 Voyager Acquisition Corp. Condensed Balance Sheets As of June 30, 2024 As of December 31, 2023 (Unaudited) Assets Current assets: Cash $ 25,000 $ - Total current assets 25,000 Deferred offering costs associated with proposed public offering 367,381 71,680 Total Assets $ 392,381 $ 71,680 Liabilities and Shareholder's Deficit Current liabilities: Accrued offering expenses $ 211,955 $ 71,680 Accounts payable and accrued expenses 35,000 5,000 Due to sponsor 228,274 - Total current liabilities 475,229 76,680 Commitments and Contingencies Shareholder's Deficit Preference shares, $ 0.0001 par value; 1,000,000 shares authorized; none issued and outstanding - - Class A ordinary shares, $ 0.0001 par value; 200,000,000 shares authorized; none issued and outstanding - - Class B ordinary shares, $ 0.0001 par value; 20,000,000 shares authorized; 6,325,000 shares issued and outstanding (1)(2) 633 - Additional paid-in capital 24,367 - Accumulated deficit ( 107,848 ) ( 5,000 ) Total shareholder's deficit ( 82,848 ) ( 5,000 ) Total Liabilities and Shareholder's Deficit $ 392,381 $ 71,680 (1) As of June 30, 2024, includes up to 825,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Notes 5 and 7). (2)