Bluerock Acquisition Corp.

• Return on equity is about -18.6%.
• Debt to equity is about -0.0x.
• [TRIGGER] 8-K: 8-K (sec_8k_material) on BLRK — filing_type=8-K; max_severity=high; ignored_items=['7.01', '9.01']; material_items=['1.01', '2.03', '3.02']; all_items_found=['1.01', '2.03', '3.02', '7.01', '9.01']; severity_per_code={'1.01': 'high', '2.03': 'medium', '3.02': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001213900-26-084282)
• CONDENSED BALANCE SHEETS March 31, December 31, 2026 2025 (Unaudited) Assets Current assets Cash $ 497,651 $ 693,561 Prepaid insurance 66,500 66,500 Prepaid expenses 75,576 21,333 Total current assets 639,727 781,394 Long-term prepaid insurance 47,104 63,729 Cash and marketable securities held in Trust Account 174,208,247 172,738,674 Total Assets $ 174,895,078 $ 173,583,797 Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit Current liabilities Accrued offering costs $ 75,000 $ 75,000 Accrued expenses 55,077 4,617 Total current liabilities 130,077 79,617 Deferred underwriting fee 7,350,000 7,350,000 Total Liabilities 7,480,077 7,429,617 Commitments (Note 6) Class A ordinary shares subject to possible redemption, $ 0.0001 par value; 17,250,000 shares at redemption value of $ 10.10 and $ 10.01 per share as of March 31, 2026 and December 31, 2025, respectively 174,208,247 172,738,674 Shareholders’ Deficit Preference shares, $ 0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of March 31, 2026 and December 31, 2025 — — Class A ordinary shares, $ 0.0001 par value; 500,000,000 shares authorized; none issued or outstanding (excluding 17,250,000 shares subject to possible redemption) as of March 31, 2026 and December 31, 2025 — — Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 5,750,000 shares issued and outstanding as of March 31, 2026 and December 31, 2025 (1) 575 575 Additional paid-in capital — — Accumulated deficit ( 6,793,821 ) ( 6,585,069 ) Total Shareholders’ Deficit ( 6,793,246 ) ( 6,584,494 ) Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit $ 174,895,078 $ 173,583,797 (1) Includes up to 750,000 Class B ordinary shares that were subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters.
• On December 12, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering.

Bull / Bear case

Estimate revisions