CRANU — what changed in the latest 10-Q
A section-by-section comparison of CRANU's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-12 vs the prior 10-Q · 2026-05-12
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +5 | −2 | ~7 | 11 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings, Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-12
For the six months ended June 30, 2026, we had net income of $5,707,361, which consists of interest earned on cash and investments held in Trust Account of $6,138,648, offset by general and administrative costs of $431,287.
For the period from June 19, 2025 (inception) through June 30, 2025, we had a net loss of $17,420, which primarily consists of general and administrative costs.
For the period from June 19, 2025 (inception) through June 30, 2025, cash used in operating activities was $0. Net loss of $17,420 was affected by payment on general and administrative costs of $10,420. Changes in operating assets and liabilities provided $7,000 of cash from operating activities.
As of June 30, 2026, we had cash and investments held in the Trust Account of $351,626,627, consisting of U.S. Treasury securities with a maturity of 185 days or less. We may withdraw interest from the trust account to pay our taxes. We intend to use substantially all of the funds held in the Trust …
As of June 30, 2026, we had cash of $1,778,367. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective …
Text removed vs the prior filing · source: 10-Q · 2026-05-12
As of March 31, 2026, we had cash held in the trust account of $348,539,449, consisting of U.S. Treasury Bills with a maturity of 185 days or less. We may withdraw interest from the trust account to pay our taxes. We intend to use substantially all of the funds held in the trust account, including a…
As of March 31, 2026, we had cash of $1,952,555. We intend to use the funds held outside the trust account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice