Overview
- IndustryBlank Checks1
- HeadquartersNew York, New York1
- Business address515 Madison Avenue, 8Th Floor, New York, Ny 100222
- Filer category, Emerging growth company2
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(the “Private Units”) in a private placement generating total gross proceeds of $2,562,500.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash | $16.9K8 | $57.3K8 | $3395 | $7.8K5 | |
| Current assets | $268.8K8 | $279.6K4 | $2.5K5 | $232.4K5 | |
| Intangible assets | $5.0M8 | $5.0M4 | |||
| Total assets | $268.8K8 | $55.7M4 | $32.1M5 | $9.5M5 | |
| Current liabilities | $248.2K8 | $304.8K4 | $1.9M5 | $3.1M5 | |
| Total liabilities | $248.2K8 | $2.8M4 | $4.4M5 | $5.6M5 | |
| Retained earnings | -$4.4K8 | $159.7K4 | -$4.3M5 | -$5.4M5 | |
| Shareholders’ equity | $20.6K4 | $5.3M5 | -$4.3M5 | -$5.4M5 | |
| Shares outstanding | 1.6M shares4 | 1.6M shares5 | 1.6M shares5 | 1.7M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
Aquaron Acquisition Corp. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Aquaron Acquisition Corp.
- Karpus Management, Inc. Filed SCHEDULE 13G/A on Aquaron Acquisition Corp., latest Jun 6, 2025 (4 filings since Feb 13, 2024)
- Walleye Capital LLC Filed SCHEDULE 13G/A on Aquaron Acquisition Corp., latest Jun 6, 2025 (3 filings since Feb 27, 2024)
- Polar Asset Management Partners Inc. Filed SC 13G/A on Aquaron Acquisition Corp., latest Nov 14, 2024 (3 filings since Feb 9, 2023)
- WOLVERINE ASSET MANAGEMENT LLC Filed SC 13G/A on Aquaron Acquisition Corp., latest May 22, 2024 (2 filings since Feb 8, 2024)
- RIVERNORTH CAPITAL MANAGEMENT, LLC Filed SC 13G on Aquaron Acquisition Corp., latest Feb 14, 2024
- ATW SPAC MANAGEMENT LLC Filed SC 13G/A on Aquaron Acquisition Corp., latest Feb 13, 2024 (2 filings since Feb 14, 2023)
- BOOTHBAY FUND MANAGEMENT, LLC Filed SC 13G/A on Aquaron Acquisition Corp., latest Feb 13, 2024 (3 filings since Oct 11, 2022)
- Space Summit Capital LLC Filed SC 13G/A on Aquaron Acquisition Corp., latest Feb 5, 2024 (3 filings since Oct 14, 2022)
- Hudson Bay Capital Management LP Filed SC 13G/A on Aquaron Acquisition Corp., latest Feb 2, 2024 (2 filings since Feb 6, 2023)
- Aquaron Investments LLC Filed SC 13G on Aquaron Acquisition Corp., latest Feb 14, 2023
- HGC Investment Management Inc. Filed SC 13G on Aquaron Acquisition Corp., latest Feb 14, 2023
- Aquaron Acquisition Corp. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Aquaron Acquisition Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Deposits held (banks) | $20.0K5 Dec 31, 2024 |
Intangibles and goodwill
Properties, in its own words
We currently maintain our principal executive offices at 515 Madison Avenue, 8th Floor, New York, NY 10022. The space is provided by our Sponsor for free. We consider our current office space, combined with the other office space otherwise available to our executive officers, adequate for our current operations.
Item 2 of the 10-K filed Apr 16, 2025.3
Leadership
Who has led Aquaron Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief financial officerQingze Andy Zhao Oct 6, 2022 to Oct 6, 20229
Board members and other officers (2)
- Board memberQingze Andy Zhao Oct 6, 2022 to Oct 6, 20229
- Board memberXiaoming Mark Ma Oct 6, 2022 to Oct 6, 202210
Timeline
- May 13, 20268-K Entered a material agreement; New debt or obligation; Change to shareholders' rights11
- Apr 7, 20268-K Entered a material agreement; New debt or obligation12
- Mar 9, 20268-K Entered a material agreement; New debt or obligation13
- Feb 11, 20268-K Entered a material agreement; New debt or obligation14
- Jan 8, 20268-K Entered a material agreement; New debt or obligation15
- Dec 8, 20258-K Entered a material agreement; New debt or obligation16
- Nov 6, 20258-K Entered a material agreement; New debt or obligation17
- Oct 9, 20258-K Entered a material agreement; New debt or obligation18
- Sep 8, 20258-K Entered a material agreement; New debt or obligation19
- Aug 5, 20258-K Entered a material agreement; New debt or obligation20
- Jul 16, 20258-K Entered a material agreement; New debt or obligation; Change of auditor21
- May 12, 20258-K Entered a material agreement; New debt or obligation; Change to shareholders' rights22
Filings
191 filings to the SEC since October 2021: 4 annual reports, 10 quarterly reports, 44 major events, 7 insider forms, 25 large holders, 101 other. The latest 20:
- May 13, 20268-K CURRENT REPORT EDGAR
- Apr 28, 2026DEF 14A PROXY STATEMENT EDGAR
- Apr 15, 2026PRE 14A PROXY STATEMENT EDGAR
- Apr 7, 2026425 CURRENT REPORT EDGAR
- Apr 7, 20268-K CURRENT REPORT EDGAR
- Mar 9, 2026425 CURRENT REPORT EDGAR
- Mar 9, 20268-K CURRENT REPORT EDGAR
- Feb 11, 2026425 CURRENT REPORT EDGAR
- Feb 11, 20268-K CURRENT REPORT EDGAR
- Jan 8, 2026425 CURRENT REPORT EDGAR
- Jan 8, 20268-K CURRENT REPORT EDGAR
- Dec 17, 202510-Q QUARTERLY REPORT EDGAR
- Dec 8, 2025425 FORM 8-K EDGAR
- Dec 8, 20258-K EDGAR
- Nov 6, 2025425 CURRENT REPORT EDGAR
- Nov 6, 20258-K CURRENT REPORT EDGAR
- Oct 9, 2025425 CURRENT REPORT EDGAR
- Oct 9, 20258-K CURRENT REPORT EDGAR
- Sep 8, 2025425 CURRENT REPORT EDGAR
- Sep 8, 20258-K CURRENT REPORT EDGAR
The 191 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 6, 2022 | Aquaron Investments LLC10% owner | Buy | 256,250 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Karpus Management, Inc.SCHEDULE 13G/A, 4 filings Feb 13, 2024 to Jun 6, 202523
- Walleye Capital LLCSCHEDULE 13G/A, 3 filings Feb 27, 2024 to Jun 6, 202524
- Polar Asset Management Partners Inc.SC 13G/A, 3 filings Feb 9, 2023 to Nov 14, 202425
- WOLVERINE ASSET MANAGEMENT LLCSC 13G/A, 2 filings Feb 8, 2024 to May 22, 202426
- RIVERNORTH CAPITAL MANAGEMENT, LLCSC 13G, 1 filing Feb 14, 202427
- ATW SPAC MANAGEMENT LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 13, 202428
- BOOTHBAY FUND MANAGEMENT, LLCSC 13G/A, 3 filings Oct 11, 2022 to Feb 13, 202429
- Space Summit Capital LLCSC 13G/A, 3 filings Oct 14, 2022 to Feb 5, 202430
- Hudson Bay Capital Management LPSC 13G/A, 2 filings Feb 6, 2023 to Feb 2, 202431
- Aquaron Investments LLCSC 13G, 1 filing Feb 14, 202332
- HGC Investment Management Inc.SC 13G, 1 filing Feb 14, 202333
SEC filer profile
How Aquaron Acquisition Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARAquaron Acquisition Corp.1
- CIK0001861063
- Employer ID (EIN)86-27601933
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address515 Madison Avenue, 8Th Floor, New York, NY 100221
- Phone(86)131223100951
- Shares outstanding1,731,047 as of Dec 17, 20257
- Public float$8.8M as of Jun 28, 20243
- AuditorUHY LLP, New York, New York PCAOB ID 1195; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMay 28, 20211
- Filings200 in all: 8-K (44), 425 (30), UPLOAD (17), CORRESP (14), SC 13G (11), 10-Q (10), SC 13G/A (10), DRS/A (8)1
All 28 form types
DRSLTR (8), 3 (6), S-1/A (6), DEF 14A (4), DEFA14A (4), PRE 14A (4), SCHEDULE 13G/A (4), 10-K (3), NT 10-Q (3), PRER14A (3), NT 10-K (2), 10-K/A (1), 25-NSE (1), 4 (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), S-1 (1)
- Latest filingsAnnual report (10-K) Apr 16, 2025
Quarterly report (10-Q) Dec 17, 2025
Proxy statement (DEF 14A) Apr 28, 2026
Latest 8-K (8-K) May 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock | AQUNU | Nasdaq |
| Common stock, par value $0.0001 per share | AQU | Nasdaq |
| Rights | AQUNR | Nasdaq |
From the cover page of the 10-K filed Apr 16, 2025 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks Aquaron Acquisition Corp. names in Item 1A of its 10-K filed Apr 16, 2025: 6 risks under these headings, as written.3
- Our securities were suspended from trading and delisted from Nasdaq on March 7, 2025, following receipt of a delisting determination letter from Nasdaq on March 6, 2025. This could have significant material adverse consequences on us and our securities, including that it will negatively impact our ability to complete a business combination, will limit investors’ ability to make transactions in our securities and could subject us to additional trading restrictions.
- Aquaron may not be able to complete an initial business combination with a U.S. target company if such initial business combination is subject to U.S. foreign investment regulations and review by a U.S. government entity such as the Committee on Foreign Investment in the United States (CFIUS), or is ultimately prohibited.
- Our public stockholders’ exercise of redemption rights with respect to a large number of public shares in the previous redemptions and upcoming redemption may affect our ability to complete an initial business combination in the most desirable manner that will optimize the capital structure of the combined company, or at all.
- Uncertainty in connection with certain international economic and political relationships, including the imposition of tariffs on international trade, political disputes, regulatory changes and other international matters could have a material adverse effect on our ability to identify potential targets and to consummate our initial business combination, and could adversely affect the financial performance of any target, either foreign or domestic.
- Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial Business Combination, and results of operations.
- Changes in the market for directors and officers liability insurance could make it more difficult and more expensive for us to negotiate and complete an initial business combination.
Legal proceedings
On March 20, 2025, Benjamin Securities, Inc. (“Benjamin Securities”) filed a complaint against the Company, alleging non-payment of $77,500.00 for services rendered and seeking certain relief. On April 4, 2025, the Company and Benjamin Securities reached a settlement, pursuant to which the Company agreed to pay the full amount of $77,500.00 by the close of business on April 7, 2025. The Company fulfilled the payment obligation within the agreed timeframe, and Benjamin Securities subsequently withdrew its claims.
The opening of Item 3, Legal Proceedings.3
Sources
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- 10SEC EDGARXiaoming Mark Ma, Board member
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