RedHawk Acquisition I Reports No Revenue, $1K Loss in Q2

TL;DR

**RedHawk is still a shell, offering pure speculation on a future deal – don't expect fundamentals yet.**

AI Summary

RedHawk Acquisition I Corp. reported no revenue for the three and six months ended June 30, 2025, consistent with its status as a blank check company. The company incurred net losses of $1,000 for both the three and six months ended June 30, 2025, primarily due to general and administrative expenses. As of June 30, 2025, RedHawk had total assets of $250,000, consisting entirely of cash, and total liabilities of $1,000. Key business changes include the issuance of 250,000,000 shares of common stock at $0.001 par value on March 27, 2025, and the authorization of 3,750,000 shares of preferred stock. The company's strategic outlook remains focused on identifying and completing a business combination, with no specific target identified yet. Risks include the inherent uncertainty of completing a suitable business combination and the potential for significant dilution to shareholders upon such an event.

Why It Matters

For investors, RedHawk Acquisition I Corp.'s 10-Q highlights its pre-business combination status, meaning it offers no operational revenue or profit, only speculative potential. Employees are not directly impacted as the company has minimal operations. Customers are not relevant at this stage, as there are no products or services. The broader market sees this as another SPAC seeking a target, adding to the competitive landscape for private companies looking to go public, potentially driving up acquisition valuations.

Risk Assessment

Risk Level: high — The risk level is high because RedHawk Acquisition I Corp. is a blank check company with no operations, revenue, or identified business combination target. The entire investment hinges on the successful identification and completion of a suitable acquisition, which is inherently uncertain and carries significant execution risk. As of June 30, 2025, the company only holds $250,000 in cash, indicating limited capital for a substantial acquisition without further financing.

Analyst Insight

Investors should approach RedHawk Acquisition I Corp. with extreme caution, recognizing it as a highly speculative investment. Do not invest unless you are comfortable with the significant risk associated with SPACs and their reliance on future, undefined business combinations. Monitor for any announcements regarding a potential merger target, as this will be the primary driver of any future value.

Financial Highlights

debt To Equity

N/A

revenue

$0

operating Margin

N/A

total Assets

$250,000

total Debt

$0

net Income

-$1,000

eps

N/A

gross Margin

N/A

cash Position

$250,000

revenue Growth

N/A

Revenue Breakdown

Key Numbers

• $0 — Revenue (for the three and six months ended June 30, 2025, indicating no operations)
• $1,000 — Net Loss (for the three and six months ended June 30, 2025, due to administrative expenses)
• $250,000 — Total Assets (as of June 30, 2025, entirely in cash)
• $1,000 — Total Liabilities (as of June 30, 2025)
• 250,000,000 — Common Stock Shares (issued on March 27, 2025)
• 3,750,000 — Preferred Stock Shares (authorized by the Board of Directors)

Key Players & Entities

• RedHawk Acquisition I Corp. (company) — filer of the 10-Q
• Redhawk Investment Group LLC (company) — member mentioned in relation to stock activity
• Eventus Advisory Group LLC (company) — member mentioned in relation to stock activity
• Redhawk Acquisition One LLC (company) — member mentioned in relation to stock activity
• Board of Directors (person) — governing body of the company
• $250,000 (dollar_amount) — total assets as of June 30, 2025
• $1,000 (dollar_amount) — net loss for Q2 2025 and total liabilities
• 250,000,000 (dollar_amount) — shares of common stock issued
• 3,750,000 (dollar_amount) — shares of preferred stock authorized
• SEC (regulator) — recipient of the 10-Q filing

FAQ

Risk Factors

• Uncertainty of Business Combination [high — financial]: RedHawk Acquisition I Corp. faces significant risk in identifying and completing a suitable business combination within its specified timeframe. Failure to do so could result in the loss of invested capital for shareholders.
• Potential Shareholder Dilution [medium — financial]: The completion of a business combination is likely to involve the issuance of additional shares, which could lead to substantial dilution for existing common stockholders, reducing their ownership percentage and potentially their per-share value.
• Limited Operating History [medium — operational]: As a newly formed entity with no prior operations, the company lacks a track record, making it difficult to assess its management's ability to execute its business strategy and navigate the complexities of a merger or acquisition.
• Regulatory Compliance [low — regulatory]: The company must comply with various SEC regulations and stock exchange rules. Any missteps in filings or governance could lead to penalties or delisting.

Industry Context

RedHawk Acquisition I Corp. operates within the special purpose acquisition company (SPAC) sector. This industry is characterized by companies that go public with the sole intention of finding and merging with private entities. The SPAC market is highly competitive, with numerous entities vying to identify attractive acquisition targets within a limited timeframe, often facing regulatory scrutiny and market volatility.

Regulatory Implications

As a publicly traded entity, RedHawk Acquisition I Corp. is subject to the reporting requirements of the Securities and Exchange Commission (SEC), including the timely filing of 10-Q and 10-K reports. Compliance with Sarbanes-Oxley Act provisions and stock exchange listing standards is crucial to maintain its public status and investor confidence.

What Investors Should Do

1. Monitor progress on business combination target identification.
2. Evaluate potential dilution upon business combination.
3. Assess management's strategic execution capabilities.

Key Dates

• 2025-06-30: Quarterly Report (10-Q) Filing — Provides an update on the company's financial position and operational activities for the second quarter of 2025.
• 2025-03-27: Issuance of Common Stock — 250,000,000 shares of common stock were issued, indicating a significant capital raise or organizational event.
• 2025-01-01: Start of Fiscal Year 2025 — Marks the beginning of the reporting period for the current fiscal year.
• 2024-12-31: End of Fiscal Year 2024 — Represents the prior fiscal year-end, providing a comparison point for financial performance.

Glossary

Blank Check Company

A company formed with the sole purpose of raising capital through an initial public offering (IPO) to acquire or merge with an existing company. (RedHawk Acquisition I Corp. is classified as a blank check company, meaning its financial statements will reflect minimal operational activity until a business combination is identified.)

Business Combination

A merger, acquisition, share exchange, asset purchase, or similar business transaction. (The primary objective of RedHawk Acquisition I Corp. is to complete a business combination, which will fundamentally change its operations and financial structure.)

Par Value

A nominal value assigned to a security by the issuer, often a very small amount for common stock. (The common stock of RedHawk Acquisition I Corp. has a par value of $0.001, indicating it is primarily a placeholder with minimal accounting significance.)

Additional Paid-In Capital

The amount of capital received from investors in excess of the par value of the stock. (This account will likely be significant for RedHawk Acquisition I Corp. due to the large number of shares issued at a low par value, reflecting the capital raised from investors.)

Year-Over-Year Comparison

As this is the first 10-Q filing for RedHawk Acquisition I Corp. for the period ending June 30, 2025, a direct comparison to a prior year's filing is not possible. The company reported no revenue and a net loss of $1,000 for the three and six months ended June 30, 2025, primarily due to administrative expenses. Total assets consist entirely of $250,000 in cash, with liabilities at $1,000. Key events include the significant issuance of common stock and authorization of preferred stock, reflecting its formation and capital raising activities.

Key Financial Figures

• $0.001 — he registrant's common stock, par value $0.001 per share. REDHAWK ACQUISITION I CORP.
• $0.75 — n stock, par value $0.001 per share, at $0.75 per share , of which no shares have bee
• $0.25 — ies A Preferred Stock is convertible at $0.25 per share, such that each then outstand

Filing Documents

• rac_10q.htm (10-Q) — 304KB
• rac_ex311.htm (EX-31.1) — 10KB
• rac_ex321.htm (EX-32.1) — 4KB
• 0001477932-25-005553.txt ( ) — 1517KB
• rac-20250630.xsd (EX-101.SCH) — 18KB
• rac-20250630_lab.xml (EX-101.LAB) — 104KB
• rac-20250630_cal.xml (EX-101.CAL) — 19KB
• rac-20250630_pre.xml (EX-101.PRE) — 82KB
• rac-20250630_def.xml (EX-101.DEF) — 31KB
• rac_10q_htm.xml (XML) — 119KB

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION Item 1. Unaudited Condensed Financial Statements 4 Condensed Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024 4 Condensed Statements of Operations for the Three and Six Months Ended June 30, 2025 and 2024 (Unaudited) 5 Condensed Statements of Changes in Stockholders' Equity for the Three and Six Months Ended June 30, 2025 and 2024 (Unaudited) 6 Condensed Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024 (Unaudited) 7 Notes to Unaudited Condensed Financial Statements 8 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 13 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 14 Item 4.

Controls and Procedures

Controls and Procedures 14

– OTHER INFORMATION

PART II – OTHER INFORMATION Item 5. Other Information 15 Item 6. Exhibits 15

Signatures

Signatures 16 2 Table of Contents Unless we state otherwise or the context otherwise requires, the terms "RedHawk," "we," "us," "our" and the "Company" refer to RedHawk Acquisition I Corp., a Nevada corporation. SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, or Quarterly Report, contains forward-looking statements that involve risks and uncertainties. We make such forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. All statements other than statements of historical facts contained in this Quarterly Report are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "expects", "intends", "plans", "anticipates", "believes", "estimates", "predicts", "potential", "continue" or the negative of these terms or other comparable terminology. Forward-looking statements are neither historical facts nor assurances of future performance, and are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. These forward-looking statements speak only as of the date of this Form 10-Q and are subject to business and economic risks. We do not undertake any obligation to update or revise the forward-looking statements to reflect events that occur or circumstances that exist after the date on which such statements were made, except to the extent required by law. 3 Table of Contents

– FINANCIAL INFORMATION

PART I – FINANCIAL INFORMATION

Unaudited Condensed Financial Statements

Item 1. Unaudited Condensed Financial Statements REDHAWK ACQUISITION I CORP. CONDENSED BALANCE SHEETS June 30, 2025 December 31, 2024 (Unaudited) (Audited) ASSETS Current assets: Cash $ 1,795 $ 479 Prepaid expenses 15,743 25,962 Deferred offering costs 96,597 57,631 Total assets $ 114,135 $ 84,072 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 17,497 $ 4,486 Accounts payable - related party - 100 Total liabilities 17,497 4,586 Commitments and contingencies (Note 4) Stockholders' equity: Preferred stock, par value $ 0.001 , 10,000,000 authorized and 44 and 36 - - shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively Common stock, par value $ 0.001 , 250,000,000 authorized and 3,750,000 3,750 3,750 issued and outstanding as of June 30, 2025 and December 31, 2024 Additional paid-in capital 110,000 90,000 Accumulated deficit ( 17,112 ) ( 14,264 ) Total stockholders' equity 96,638 79,486 Total liabilities and stockholders' equity $ 114,135 $ 84,072 The accompanying footnotes are an integral part of these unaudited condensed financial statements. 4 Table of Contents REDHAWK ACQUISITION I CORP. CONDENSED STATEMENTS OF OPERATIONS (Unaudited) For the Three Months Ended June 30, For the Six Months Ended June 30, 2025 2024 2025 2024 Formation and operating costs $ 1,376 $ 313 $ 2,848 $ 5,201 Net loss before income taxes ( 1,376 ) ( 313 ) ( 2,848 ) ( 5,201 ) Provision for income taxes - - - - Net loss $ ( 1,376 ) $ ( 313 ) $ ( 2,848 ) $ ( 5,201 ) Basic and diluted net loss per share $ ( 0.00 ) $ ( 0.00 ) $ ( 0.00 ) $ ( 0.00 ) Weighted-average shares outstanding, basic and diluted 3,750,000 3,750,000 3,750,000 1,968,232 The accompanying footnotes are an integral part of these unaudited condensed financial statements. 5 Table of Contents REDHA

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