Soren Acquisition Corp. Posts $16,329 Net Loss in First Month of Operations
The newly formed blank check company reported a net loss of $16,329 for the period ending September 30, 2025, less than a month after its September 2 incorporation in the Cayman Islands.
Soren Acquisition Corp., a blank check company formed to pursue acquisition opportunities, reported a net loss of $16,329 for the period from September 2 through September 30, 2025, its first month of operations since incorporation in the Cayman Islands. Read more earnings reports.
The company reported no revenue during the period. Total assets stood at $215,348 as of September 30, with current assets of $25,000. Total liabilities reached $206,677, all classified as current, leaving stockholders' equity at $8,671.
The balance sheet shows the company holds 8.43 million common shares outstanding. Additional paid-in capital totaled $24,157, while the retained earnings deficit matched the period's net loss at negative $16,329.
Loss per share came to approximately zero on both a basic and diluted basis, calculated on 7.33 million weighted average shares outstanding for the reporting period.
The company's minimal asset base and liabilities profile are typical of newly formed special purpose acquisition companies in their pre-transaction phase. Current liabilities consuming 96% of total assets indicate the company is funding initial operations through borrowings or payables rather than equity capital.
Financial Summary
| Metric | As of/For Period Ending Sept 30, 2025 |
|---|---|
| Net Loss | ($16,329) |
| Total Assets | $215,348 |
| Current Assets | $25,000 |
| Total Liabilities | $206,677 |
| Stockholders' Equity | $8,671 |
| Common Shares Outstanding | 8,433,333 |
| EPS (Basic and Diluted) | $0.00 |
Soren Acquisition Corp. filed as a non-accelerated filer and qualifies as a small business under regulatory definitions. The company is incorporated under Cayman Islands law.