AESP · Aeon Acquisition I Corp.

Substantial doubt about the company's ability to continue as a going concern.

“As of March 31, 2026, the Company has a working capital deficit of $533,079, and no cash, raising substantial doubt about its ability to continue for a period of time within one year after the date that the financial statements are issued. Per ASC 205-40, Management's plans include access to the Promissory Note amounted up to $550,000 (subsequent to March 31, 2026), and up to $1,500,000 in working capital loans from the Sponsor that are convertible into Class A shares at $10.00 post-business combination, which management believes will be sufficient to consummate its initial public offering and proceed with its plans to find a target acquisition over the next 12 months. However, there are no assurances that the Company will be able to raise capital on terms acceptable to the Company, or at all.”

View the 10-Q filed May 14, 2026