Xsolla SPAC 1 Posts $46,662 Net Loss in Two-Week Operating Period
Xsolla SPAC 1, a blank check company, reported a net loss of $46,662 for the two-week period ending September 30, 2025. The company reported no revenue during its initial operating period.
Xsolla SPAC 1, a blank check company incorporated in 2025, posted a net loss of $46,662 for the two-week period from September 16 to September 30, 2025. The company reported no revenue during this initial operating period. Read more earnings reports.
The operating loss matched the net loss at $46,662. The company held total assets of $82,400 as of September 30, 2025, against total liabilities of $104,062, leaving shareholders' equity in negative territory at $21,662.
Current assets stood at $25,000, while current liabilities reached $104,062. The company had 7,666,667 common shares outstanding at period end, with a par value of $767 and additional paid-in capital of $24,233.
Retained earnings showed a deficit of $46,662, equal to the net loss for the reporting period. Basic and diluted loss per share came in at $0.01, calculated on a weighted average of 6,666,667 shares.
Financial Summary
| Metric | Amount |
|---|---|
| Net Loss (Sept 16-30, 2025) | $46,662 |
| Operating Loss | $46,662 |
| Revenue | $0 |
| Total Assets | $82,400 |
| Total Liabilities | $104,062 |
| Shareholders' Equity | ($21,662) |
| Loss Per Share (Basic) | ($0.01) |
| Shares Outstanding | 7,666,667 |
The company filed as a non-accelerated filer and qualified as a small business. The brief reporting period reflects the company's recent incorporation and initial operations as a special purpose acquisition company.