APAC — what changed in the latest 10-Q
A section-by-section comparison of APAC'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 · 2026-08-14 vs the prior 10-Q · 2026-05-15
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +6 | −4 | ~24 | 14 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| 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 · 2026-08-14
For the three months ended June 30, 2026, we had net income of $352,348, which consisted of interest income and dividend income on investments on funds held in the Trust Account of $2,733 and $518,329, respectively, partially offset by general and administrative expenses of $168,714. For the three m…
For the six months ended June 30, 2026, we had net income of $737,571, which consisted of interest income and dividend income on investments on funds held in the Trust Account of $6,860 and $1,028,745, respectively, partially offset by general and administrative expenses of $298,034. For the six mon…
Class A Ordinary Shares subject to possible redemption, October 1, 2025
Basic and diluted weighted average ordinary shares outstanding
Basic and diluted weighted average ordinary shares outstanding
Text removed vs the prior filing · source: 10-Q · 2026-05-15
For the three months ended March 31, 2026, we had net income of $387,601, which consisted of interest income and dividend income on investments on funds held in the Trust Account, partially offset by general and administrative expenses of $126,942.
For the three months ended March 31, 2025, we had net income of $20, which consisted solely of bank interest income. As we had not yet commenced our Initial Public Offering during that period, no operating expenses were recognized.
Remeasurement of carrying value to redemption value 4,098,880
We evaluate our financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, “Derivatives and Hedging”. For derivative financial instruments that are accounted for as liabilities, the derivative inst…
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