{"url_path":"/sec/tlncw/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2073340/0001213900-26-056696-index.html","accession_number":"0001213900-26-056696","cik":"0002073340","ticker":"TLNC","issuer_name":"Talon Capital Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2073340/0001213900-26-056696-index.html","primary_entity_key":"0002073340","primary_entity_name":"Talon Capital 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EXCHANGE COMMISSION\n\nWashington,\nD.C. 20549\n\n \n\nFORM 10-Q\n\n \n\n(MARK\nONE)\n\n☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the quarter ended March 31, 2026\n\n \n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor\nthe transition period from                    to                       \n\n \n\nCommission file number: 001-42827\n\n \n\nTALON CAPITAL CORP.\n\n(Exact\nName of Registrant as Specified in Its Charter) \n\n \n\nCayman Islands N/A\n\n(State\nor other jurisdiction of\n\nincorporation or organization)\n \n(I.R.S.\nEmployer\n\nIdentification No.)\n\n \n\n440 Louisiana Street, Suite 1050\nHouston, Texas 77002\n\n(Address\nof principal executive offices)\n \n(Zip\nCode)\n\n \n\n(281) 407-0686\n\n(Registrant’s telephone number, including area code)\n\n \n\nNot\nApplicable\n\n(Former name or former address, if changed since last report)\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Act:\n\n \n\nTitle\nof each class\n \nTrading\nSymbol(s)\n \nName\nof each exchange on which registered\n\nUnits, each consisting of one Class A ordinary share and one-third of one redeemable warrant TLNCU The Nasdaq Stock Market LLC\n\nClass A ordinary shares, par value $0.0001 per share TLNC The Nasdaq Stock Market LLC\n\nWarrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50 TLNCW The Nasdaq Stock Market LLC\n\n \n\nIndicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate\nby check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting\ncompany or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller\nreporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge\naccelerated filer\n☐\nAccelerated\nfiler\n☐\n\nNon-accelerated filer☒Smaller reporting company☒\n\n Emerging growth company☒\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐\n\n \n\nAs of May 13, 2026, there were 25,679,000 Class A ordinary shares, $0.0001 par value and 8,300,000 Class B ordinary shares, $0.0001 par value, issued and outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\nTALON\nCAPITAL CORP.\n\n \n\nFORM\n10-Q FOR THE QUARTER ENDED MARCH 31, 2026\n\nTABLE\nOF CONTENTS\n\n \n\n \n \nPage\n\n[Part\nI. Financial Information](#a_001)\n \n \n\n[Item\n1. Interim Financial Statements](#a_002)\n \n1\n\n[Condensed\nBalance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025](#a_003)\n \n1\n\n[Condensed\nStatement of Operations for the Three Months Ended March 31, 2026 (Unaudited)](#a_004)\n \n2\n\n[Condensed\nStatement of Changes in Shareholders’ Deficit for the Three Months Ended March 31, 2026 (Unaudited)](#a_005)\n \n3\n\n[Condensed\nStatement of Cash Flows for the Three Months Ended March 31, 2026 (Unaudited)](#a_006)\n \n4\n\n[Notes\nto Condensed Financial Statements (Unaudited)](#a_007)\n \n5-17\n\n[Item\n2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_008)\n \n18\n\n[Item\n3. Quantitative and Qualitative Disclosures About Regarding Market Risk](#a_009)\n \n21\n\n[Item\n4. Controls and Procedures](#a_010)\n \n21\n\n[Part\nII. Other Information](#a_011)\n \n \n\n[Item\n1. Legal Proceedings](#a_012)\n \n22\n\n[Item\n1A. Risk Factors](#a_013)\n \n22\n\n[Item\n2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_014)\n \n22\n\n[Item\n3. Defaults Upon Senior Securities](#a_015)\n \n22\n\n[Item\n4. Mine Safety Disclosures](#a_016)\n \n22\n\n[Item\n5. Other Information](#a_017)\n \n22\n\n[Item\n6. Exhibits](#a_018)\n \n23\n\n[Part\nIII. Signatures](#a_019)\n \n24\n\n \n\ni\n\n \n\n \n\nPART\nI - FINANCIAL INFORMATION"}