Question 1

What is Eureka Acquisition Corp (EURK)?

Accepted Answer

Eureka Acquisition Corp is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002000410. It completed its initial public offering in Jul 2024, raising $57.5M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker EURK, units under EURKU, rights under EURKR on Nasdaq. The vehicle is sponsored by Eureka. Definitive business-combination agreement signed, closing pending.

Question 2

How much does Eureka Acquisition Corp hold in trust?

Accepted Answer

Approximately $33,539,031, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

Question 3

When must Eureka Acquisition Corp complete a merger?

Accepted Answer

By Jul 3, 2025. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.

Question 4

What happens if Eureka Acquisition Corp does not find a target in time?

Accepted Answer

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Question 5

Can I redeem shares in Eureka Acquisition Corp, and at what price?

Accepted Answer

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Question 6

What tickers does Eureka Acquisition Corp trade under?

Accepted Answer

Class A shares trade as EURK on Nasdaq, the units as EURKU, with rights as EURKR. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Question 7

Is the trust value the same as the share price for Eureka Acquisition Corp?

Accepted Answer

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

Question 8

Who sponsors Eureka Acquisition Corp, and what is their track record?

Accepted Answer

Eureka is the sponsor entity, part of the Eureka franchise. This is the only vehicle we have attributed to that sponsor.

Question 9

Is Eureka Acquisition Corp tradeable, and where?

Accepted Answer

Yes. EURK returned a live quote of $11.55 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Question 10

Is Eureka Acquisition Corp a good investment?

Accepted Answer

That is not a question this site answers. Eureka Acquisition Corp is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Question 11

Where does this Eureka Acquisition Corp data come from?

Accepted Answer

Filings Eureka Acquisition Corp submitted to the SEC under CIK 0002000410: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

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Eureka Acquisition Corp: questions answered