EURK

Eureka Acquisition Corp is a special purpose acquisition company (SPAC) formed to identify and merge with a private operating business, thereby taking it public. The company raised capital through an initial public offering and holds proceeds in trust while its management team searches for a suitable acquisition target. SPACs typically have a limited timeframe, usually 18-24 months, to complete a business combination or return capital to shareholders. Eureka's management focuses on identifying businesses in specific sectors or geographies where they have expertise and can add value.