Overview
- TickerTDAC on Nasdaq1
- IndustryBlank Checks1
- HeadquartersNew York, New York1
- Business address52 E 83Rd St., New York, Ny 100283
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3
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The registration statement (File No. 333-282763) (the “Registration Statement”) for our initial public offering was declared effective on December 20, 2024 (the “IPO”). On December 24, 2024, we consummated the IPO of 17,250,000 units (the “Units”), which includes the full exercise of the underwriter’s over-allotment option. Each Unit consists of one Class A ordinary share (the “Ordinary Share”) and one-half of one redeemable warrant (the “Warrant”), each whole Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50 per share. The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $172,500,000.4 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
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| General and administrative costs | $944.5K | $196.4K |
| Loss from operations | -$944.5K | -$196.4K |
| Dividends earned on marketable securities held in Trust Account | $7.3M | $125.3K |
| Total other income | $7.3M | $125.3K |
| Net income (loss) | $6.4M | -$71.0K |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $29.8K | $438.2K | |
| Prepaid expenses | $9.7K | $212.1K | |
| Total Current Assets | $39.5K | $650.2K | |
| Marketable securities held in Trust Account | $181.7M | $174.4M | |
| TOTAL ASSETS | $181.7M | $175.0M | |
| Accounts payable and accrued expenses | $162.3K | $16.2K | |
| Due to Sponsor | $106.8K | $2.0K | |
| Promissory note - related party | $200.0K | ||
| Accrued offering costs | $75.0K | $192.1K | |
| Total Current Liabilities | $544.1K | $210.3K | |
| Deferred underwriting fee | $6.0M | $6.0M | |
| TOTAL LIABILITIES | $6.6M | $6.2M | |
| Accumulated deficit | -$6.5M | -$5.6M | |
| Total Shareholders' Deficit | -$6.5M | -$5.6M | -$507.7K |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit | $181.7M | $175.0M | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $29.8K | $438.2K | |
| Prepaid expenses | $9.7K | $212.1K | |
| Total Current Assets | $39.5K | $650.2K | |
| Marketable securities held in Trust Account | $181.7M | $174.4M | |
| TOTAL ASSETS | $181.7M | $175.0M | |
| Accounts payable and accrued expenses | $162.3K | $16.2K | |
| Due to Sponsor | $106.8K | $2.0K | |
| Promissory note - related party | $200.0K | ||
| Accrued offering costs | $75.0K | $192.1K | |
| Total Current Liabilities | $544.1K | $210.3K | |
| Deferred underwriting fee | $6.0M | $6.0M | |
| TOTAL LIABILITIES | $6.6M | $6.2M | |
| Accumulated deficit | -$6.5M | -$5.6M | |
| Total Shareholders' Deficit | -$6.5M | -$5.6M | -$507.7K |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit | $181.7M | $175.0M | |
| Preferred stock, par value (in dollars per share) | $0.00 | $0.00 | |
| Preferred stock, shares authorized (in shares) | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Income (loss) | $6.4M | -$71.0K |
| Payment of operation costs through promissory note | $4.7K | |
| Dividends earned on marketable securities held in Trust Account | -$7.3M | -$125.3K |
| Prepaid expenses | $202.4K | -$212.1K |
| Due to Sponsor | $104.8K | $2.0K |
| Accounts payable and accrued expenses | $29.0K | -$449.7K |
| Net cash used in operating activities | -$608.4K | -$851.4K |
| Investment of cash in Trust Account | -$174.2M | |
| Net cash used in investing activities | -$174.2M | |
| Proceeds from sale of Units, net of underwriting discounts paid | $169.1M | |
| Proceeds from sale of Private Placements Warrants | $7.1M | |
| Proceeds from promissory note - related party | $200.0K | $406.5K |
| Repayment of promissory note - related party | -$800.0K | |
| Payment of offering costs | -$218.9K | |
| Net cash provided by financing activities | $200.0K | $175.5M |
| Net Change in Cash | -$408.4K | $436.2K |
| Offering costs included in accrued offering costs | $495.9K | |
| Deferred offering costs paid through promissory note - related party | $41.2K | |
| Deferred underwriting fee | $6.0M | |
| Offering costs charged to additional paid-in capital | $756.1K |
No quarter-by-quarter statement was filed.
Compare Translational Development Acquisition Corp. with another company
Corporate structure
Translational Development 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 Translational Development Acquisition Corp.
- Linden Capital L.P. Filed SCHEDULE 13G/A on Translational Development Acquisition Corp., latest Aug 14, 2026 (2 filings since Jun 2, 2026)
- METEORA CAPITAL, LLC Filed SCHEDULE 13G on Translational Development Acquisition Corp., latest Aug 14, 2026
- Goldman Sachs Filed SCHEDULE 13G/A on Translational Development Acquisition Corp., latest Aug 12, 2026 (2 filings since May 13, 2026)
- WOLVERINE ASSET MANAGEMENT LLC Filed SCHEDULE 13G/A on Translational Development Acquisition Corp., latest Jul 16, 2026 (4 filings since May 1, 2025)
- Bank of Montreal Filed SCHEDULE 13G/A on Translational Development Acquisition Corp., latest Jul 31, 2025 (2 filings since May 8, 2025)
- AQR CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G/A on Translational Development Acquisition Corp., latest May 14, 2025 (2 filings since Feb 14, 2025)
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Filed SCHEDULE 13G/A on Translational Development Acquisition Corp., latest May 14, 2025 (2 filings since Feb 14, 2025)
- Magnetar Financial LLC Filed SCHEDULE 13G on Translational Development Acquisition Corp., latest Jan 29, 2025
- Translational Development 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 Translational Development 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 |
|---|---|---|---|
| Cash and cash equivalents | $29.8K2 Dec 31, 2025 | $438.2K2 Dec 31, 2024 | −93.2% |
Properties, in its own words
We currently maintain our executive offices at 52 E. 83rd Street, New York, New York 10028. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Mar 30, 2026.4
Leadership
Who has led Translational Development Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerMichael B. Hoffman Dec 20, 2024 to now10
- ChairMichael B. Hoffman May 29, 2026 to now11
- Chief financial officerAvanindra Das Dec 20, 2024 to now12
Board members and other officers (4)
- Board memberChristopher Kenneth Jarratt Jan 6, 2025 to now13
- Board memberCurtis T. Keith Dec 20, 2024 to now14
- Board memberMatthew Kestenbaum Dec 20, 2024 to now15
- Board memberMichael B. Hoffman Dec 20, 2024 to now10
Timeline
- Jul 27, 20268-K Entered a material agreement; Unregistered sale of shares16
- Jul 8, 20268-K Other events17
- Jun 23, 20268-K Other events18
- Jun 18, 20268-K Entered a material agreement; Bylaws or fiscal year changed; Shareholder vote19
- Jun 12, 20268-K Unregistered sale of shares20
- May 27, 20268-K Entered a material agreement; Regulation FD disclosure21
- Aug 14, 20258-K New debt or obligation; Other events22
- Feb 14, 20258-K Other events23
- Dec 31, 20248-K Other events24
- Dec 27, 20248-K Entered a material agreement; Unregistered sale of shares; Executive or director change25
- Dec 20, 2024New chief executive Michael B. Hoffman becomes CEO10
Filings
68 filings to the SEC since October 2021: 4 annual reports, 5 quarterly reports, 10 major events, 8 insider forms, 16 large holders, 25 other. The latest 20:
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 12, 2026SCHEDULE 13G/A EDGAR
- Jul 27, 2026425 EDGAR
- Jul 27, 20268-K EDGAR
- Jul 16, 2026SCHEDULE 13G/A EDGAR
- Jul 8, 20268-K EDGAR
- Jun 23, 2026DEFA14A EDGAR
- Jun 23, 2026425 EDGAR
- Jun 23, 20268-K EDGAR
- Jun 18, 20268-K EDGAR
- Jun 12, 20268-K EDGAR
- Jun 2, 2026SCHEDULE 13G EDGAR
- May 29, 20264 OWNERSHIP DOCUMENT EDGAR
- May 28, 2026DEFA14A EDGAR
- May 27, 2026DEF 14A EDGAR
- May 27, 2026425 EDGAR
- May 27, 20268-K EDGAR
- May 15, 202610-Q EDGAR
The 68 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.
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.
- Linden Capital L.P.SCHEDULE 13G/A, 2 filings Jun 2, 2026 to Aug 14, 202626
- METEORA CAPITAL, LLCSCHEDULE 13G, 1 filing Aug 14, 202627
- Goldman SachsSCHEDULE 13G/A, 2 filings May 13, 2026 to Aug 12, 202628
- WOLVERINE ASSET MANAGEMENT LLCSCHEDULE 13G/A, 4 filings May 1, 2025 to Jul 16, 202629
- Bank of MontrealSCHEDULE 13G/A, 2 filings May 8, 2025 to Jul 31, 202530
- AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Feb 14, 2025 to May 14, 202531
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDSCHEDULE 13G/A, 2 filings Feb 14, 2025 to May 14, 202532
- Magnetar Financial LLCSCHEDULE 13G, 1 filing Jan 29, 202533
SEC filer profile
How Translational Development 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 EDGARTranslational Development Acquisition Corp.1
- CIK0001926599
- Employer ID (EIN)00-00000004
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address52 E 83Rd St., New York, NY 100281
- Phone(413) 204-27691
- Shares outstanding17,250,000 Common Class A shares; 4,657,500 Common Class B shares as of Mar 30, 20264
- Public float$177.7M as of Jun 30, 20254
- AuditorWithumSmith+Brown, PC, New York, New York PCAOB ID 100; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJun 13, 20221
- Filings79 in all: 425 (14), 8-K (10), SCHEDULE 13G (8), SCHEDULE 13G/A (8), 3 (7), 10-Q (5), CORRESP (4), 10-K (2)1
All 23 form types
10-K/A (2), DEFA14A (2), DRS (2), S-1 (2), S-1/A (2), UPLOAD (2), 4 (1), 424B4 (1), 8-A12B (1), CERT (1), DEF 14A (1), DRS/A (1), EFFECT (1), PRE 14A (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Mar 30, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) May 27, 2026
Latest 8-K (8-K) Jul 27, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant | TDACU | The Nasdaq Stock Market LLC |
| Class A ordinary shares, $0.0001 par value per share | TDAC | The Nasdaq Stock Market LLC |
| Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 | TDACW | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 30, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
Legal proceedings
We may be subject to legal proceedings, investigations and claims incidental to the conduct of our business from time to time. We are not currently a party to any material litigation or other legal proceedings brought against us. We are also not aware of any legal proceeding, investigation or claim, or other legal exposure that has a more than remote possibility of having a material adverse effect on our business, financial condition, or results of operations.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 7
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- 11SEC EDGARMichael B. Hoffman, Chair
- 12
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- 14SEC EDGARCurtis T. Keith, Board member
- 15SEC EDGARMatthew Kestenbaum, Board member
- 16
- 17SEC EDGAROther events
- 18SEC EDGAROther events
- 19
- 20SEC EDGARUnregistered sale of shares
- 21
- 22SEC EDGARNew debt or obligation; Other events
- 23SEC EDGAROther events
- 24SEC EDGAROther events
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