Monitor for S-4 effectiveness and shareholder vote on the Marine Thinking business combination. Each extension reduces available trust proceeds for public shareholders if the deal fails; watch for redemptions.
Price Chart
Executive Summary
Eureka Acquisition Corp (EURKU) filed an 8-K as a Rule 425 communication to report a one-month extension of its deadline to complete a business combination with Marine Thinking Inc., from May 3 to June 3, 2026. The $150,000 monthly extension fee was deposited into the trust account by Marine Thinking via a convertible promissory note. This is the third consecutive monthly extension, indicating the SPAC is still pursuing the deal but has not yet closed.
Key Financial Metrics
Key Facts
- Extension from May 3 to June 3, 2026, for SPAC business combination deadline
- $150,000 deposited into trust account by Marine Thinking Inc.
- Unsecured promissory note issued to Marine Thinking, convertible into private units at $10.00 per unit
- Third consecutive monthly extension; prior extensions in April and March 2026
- S-4 registration statement (File No. 333-295483) filed, not yet effective
Financial Impact
$150,000 extension fee; no material revenue or earnings impact
Risk Factors
- Failure to complete business combination by July 3, 2026 (final extension deadline) could lead to liquidation
- Redemption pressure from public shareholders may reduce trust account proceeds
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 425 Filing (Primary) | 0001213900-26-052905 |
| Document: ea028945801ex10-1.htm | 0001213900-26-052905 |
| Document: 0001213900-26-052905-index-headers.html | 0001213900-26-052905 |
| Document: 0001213900-26-052905-index.html | 0001213900-26-052905 |
| Document: 0001213900-26-052905.txt | 0001213900-26-052905 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 10, 2026 19w ago | 425 | $11.50 $11.72 | ▲ +1.91% | ▼ −1.91% | $11.71 (+1.83%) |
Jun 10, 2026 19w ago | 8-K | $11.50 $11.72 | ▲ +1.91% | ▼ −1.91% | $11.71 (+1.83%) |
May 6, 2026 24w ago | 425 | $10.89 $12.09 | ▲ +11.02% | ▲ +7.19% | $11.71 (+7.53%) |
May 6, 2026 24w ago | 8-K | $10.89 $12.09 | ▲ +11.02% | ▲ +7.19% | $11.71 (+7.53%) |
Apr 8, 2026 28w ago | 425 | $10.89 $11.59 | ▲ +6.43% | ▼ −4.35% | $11.71 (+7.53%) |
Apr 8, 2026 28w ago | 8-K | $10.89 $11.59 | ▲ +6.43% | ▼ −4.35% | $11.71 (+7.53%) |
Apr 8, 2026 28w ago | 8-K | $10.89 $11.59 | ▼ −6.43% | ▲ +4.35% | $11.71 (−7.53%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers