Yale Transaction Finders, Inc. (formerly Yacht Finders, Inc.) reported its financial results for the six months ending June 30, 2026, revealing a net loss of $17,909, an increase from a net loss of $15,896 during the same period in 2025. The company did not generate any revenue in either period, maintaining a consistent lack of operational income. Operating expenses rose to $13,987 for the first half of 2026, compared to $12,813 in the prior year, reflecting a 9.2% increase. The basic loss per share remained unchanged at $(0.00) for both periods, with the weighted average number of common shares outstanding at 5,199,000.

The company's balance sheet as of June 30, 2026, showed total assets of $12,765, a decrease from $17,384 at the end of 2025. Total liabilities increased to $197,999, up from $184,709, primarily due to a rise in convertible notes payable to related parties, which reached $173,500. The stockholders' deficit also widened to $(185,234) from $(167,325) at the end of the previous fiscal year, driven by the accumulation of losses. The company has accumulated a total deficit of $1,415,497 since its inception.

Yale Transaction Finders continues to operate as a shell company, focusing on identifying potential business combinations rather than engaging in product development or sales. The company has not made any significant acquisitions or launched new products during the reporting period. Management has indicated that it will seek to explore various industries for potential mergers or acquisitions, with no geographical restrictions. The company’s operational strategy remains contingent on securing a profitable business combination to generate positive cash flow.

In terms of liquidity, Yale Transaction Finders reported cash reserves of $12,765 at the end of June 2026, down from $17,384 at the beginning of the year. The company has no commitments for capital expenditures and anticipates incurring routine expenses related to its public company obligations. The management has expressed reliance on financial support from shareholders to meet operational costs, as there are no guarantees that such support will continue. The company’s ability to continue as a going concern is uncertain, hinging on its success in securing additional financing or completing a business combination.

Looking ahead, Yale Transaction Finders aims to alleviate its going concern issues by pursuing potential merger partners with the financial resources necessary to support its operations. The management acknowledges the risks associated with its current financial position, including the potential inability to meet obligations if shareholder support is withdrawn. The company has not disclosed any plans to raise additional capital through the sale of securities, although it may be necessary to do so in the future to sustain operations.

About Yale Transaction Finders, Inc.

Yale Transaction Finders, Inc. is a shell company focused on identifying and acquiring target businesses for potential business combinations. Its core activities involve exploring opportunities across industries to create value through mergers, asset purchases, or exchanges. The company aims to facilitate access to public markets for private entities, primarily targeting undervalued or growth-oriented businesses, with limited capital and no current revenue streams.

This description was generated via AI from an annual report. Updated about 1 year ago.

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