Broad Capital Acquisition Corp. Files Q1 2025 10-Q
| Field | Detail |
|---|---|
| Company | Broad Capital Acquisition Corp |
| Form Type | 10-Q |
| Filed Date | May 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, blank-check, financials, acquisition
Related Tickers: BRAC
TL;DR
**BRAC Q1 2025 10-Q FILED. FINANCIALS OUT.**
AI Summary
Broad Capital Acquisition Corp. filed its 10-Q for the period ending March 31, 2025. The filing details the company's financial position and operational activities for the first quarter of 2025. Specific financial figures and balance sheet items are presented, reflecting the company's status as a blank check company.
Why It Matters
This filing provides investors with an update on Broad Capital Acquisition Corp.'s financial health and operational status for the first quarter of 2025, crucial for understanding its progress towards a potential business combination.
Risk Assessment
Risk Level: medium — As a blank check company, Broad Capital Acquisition Corp. faces inherent risks related to its ability to identify and complete a business combination within its specified timeframe.
Key Numbers
- 20250331 — Reporting Period End Date (Indicates the end of the fiscal quarter for which the report is filed.)
- 20250520 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Broad Capital Acquisition Corp. (company) — Filer of the 10-Q
- 0001865120 (company) — Central Index Key for Broad Capital Acquisition Corp.
- 6208 SANDPEBBLE CT., DALLAS, TX 75254 (location) — Business and mailing address
- 469-951-3088 (phone_number) — Business phone number
FAQ
What is the primary business of Broad Capital Acquisition Corp.?
Broad Capital Acquisition Corp. is classified as a blank check company, as indicated by its SIC code [6770].
What period does this 10-Q filing cover?
This 10-Q filing covers the fiscal period ending March 31, 2025.
When was this 10-Q filed with the SEC?
This 10-Q was filed on May 20, 2025.
What is the company's state of incorporation?
Broad Capital Acquisition Corp. is incorporated in Delaware (DE).
What are the components of the units offered by Broad Capital Acquisition Corp.?
The units consist of one share of common stock and one right to acquire 1/10 of a share of common stock.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 20, 2025 regarding Broad Capital Acquisition Corp.