Calisa Acquisition Corp, a blank check company incorporated in the Cayman Islands, reported its financial performance for the fiscal year ending December 31, 2025, in its recent 10-K filing. The company generated a net income of $245,454, primarily from interest earned on cash and investments held in a trust account, which amounted to $60.4 million. This figure represents a significant increase from a net loss of $79,422 reported for the period from its inception on March 11, 2024, through December 31, 2024. The increase in net income is attributed to interest income of $429,224, offset by formation and operating costs of $190,582.
Calisa Acquisition Corp completed its Initial Public Offering (IPO) on October 23, 2025, raising gross proceeds of $60 million from the sale of 6 million units, each consisting of one ordinary share and one right to receive one-tenth of an ordinary share upon the completion of a business combination. Additionally, the company raised $2.5 million through a private placement of 252,500 units. The IPO and private placement proceeds were deposited into a trust account, which is intended to be used for completing a business combination or redeeming public shares if necessary.
In terms of operational developments, Calisa Acquisition Corp has not yet identified a specific target for its initial business combination but has indicated a focus on businesses in Asia. The company has established a timeline to complete its business combination by April 23, 2027, or face liquidation. As of the end of 2025, the company had a total of 2,427,500 ordinary shares issued and outstanding, excluding 6 million shares subject to redemption. The company’s management team consists of three executive officers and a board of directors with a majority of independent members.
Looking ahead, Calisa Acquisition Corp faces several risks and uncertainties, particularly related to regulatory compliance and market conditions. The company has highlighted potential challenges in navigating the regulatory landscape in China, where many of its target businesses may operate. Additionally, the company has expressed concerns regarding the impact of geopolitical tensions and economic conditions on its ability to identify and complete a business combination. The management team remains focused on executing its business strategy while monitoring these risks closely.
About Calisa Acquisition Corp
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