Armada Acquisition Corp III-A 2026年季度报告

Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Exchange Act during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirementsfor the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or anemerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth Accelerated filer☐Smaller reporting company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☒No☐ As of May4, 2026, there were 25,522,000 ClassA ordinary shares issued and outstanding, 16,616,175 of which are included in the Units and 8,233,825of which are trading separately, and 8,507,834 ClassB ordinary shares issued and outstanding. FORM 10-Q FOR THE QUARTER ENDED MARCH31, 2026 TABLE OF CONTENTS Part I. Financial InformationItem 1. Financial Statements Condensed Balance Sheets as of March31, 2026 (Unaudited) and December31, 2025Condensed Statement of Operations for the Three Months Ended March31, 2026 (Unaudited)Condensed Statement of Changes in Shareholders’ Deficit for the Three Months Ended March31, 2026 (Unaudited)Condensed Statement of Cash Flows for the Three Months Ended March31, 2026 (Unaudited)Notes to Condensed Financial Statements (Unaudited)Item 2. Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures Regarding Market RiskItem 4. Controls and ProceduresPart II. Other InformationItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. ExhibitsPart III. Signatures (1)Included an aggregate of up to 1,136,250 ClassB ordinary shares subject to forfeiture by the holders thereof depending on the extent to which theunderwriters’ over-allotment option was exercised (see Note4). On February19, 2026, the Underwriters partially exercised its over-allotmentoption and forfeited the unexercised balance. As a result of the partial exercise and the forfeiture of the over-allotment option by the Underwriters, Table of Contents ARMADA ACQUISITION CORP. IIINOTES TO CONDENSED FINANCIAL STATEMENTS NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Organization and General Armada Acquisition Corp. III (the “Company”) was incorporated as a Cayman Islands exempted company on September 19, 2025. The Company is anewly organized blank check company or special purpose acquisition company formed for the purpose of entering into a merger, share exchange, assetacquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses (the “Business Combination”).The Company has not selected any specific Business Combination target. Its efforts to identify a prospective target business will not be limited to aparticular industry or geographic region although it intends to focus on target businesses that provide technological services to the financial services As of March31, 2026, the Company had not commenced any operations. All activity for the period from September19, 2025 (date of inception) throughMarch31, 2026 relates to the Company’s formation, the Initial Public Offering, and subsequent to the Initial Public Offering, identifying a targetcompany for a Business Combination. The Company will not generate any operating revenues until after completion of the Business Combination, at theearliest. The Company will generate non-operating income in the form of interest income on investments from the proceeds derived from the Initial Sponsor, Founder and Initial Financing The Company’s sponsor is Armada Sponsor III LLC, a Delaware limited liability company (the “Sponsor” and is sometimes referred to as the“Founder”). The registration statement for the Company’s Initial Public Offering was declared effective on February17, 2026. On February19, 2026,the Company consummated the Initial Public Offering of 24,850,000 units at $10.00 per unit (the “Units”), which is discussed in Note 3, w