{"url_path":"/sec/uysc/10-k/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/2036973/0001185185-26-002932-index.html","accession_number":"0001185185-26-002932","cik":"0002036973","ticker":"UYSC","issuer_name":"UY Scuti Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2036973/0001185185-26-002932-index.html","primary_entity_key":"0002036973","primary_entity_name":"UY Scuti Acquisition Corp."},"word_count":1801,"has_tables":true,"body_markdown":"**UNITED\nSTATES**\n\n**SECURITIES\nAND EXCHANGE COMMISSION**\n\n**Washington,\nD.C. 20549**\n\n \n\n \n\n \n\n**FORM\n10-K**\n\n \n\n \n\n \n\n☒\n**ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe fiscal year ended March 31, 2026**\n\n \n\n☐\n**TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**\n\n \n\n**For\nthe transition period from __________ to __________**\n\n \n\n**Commission\nFile No. 001-42577**\n\n \n\n**UY\nScuti Acquisition Corporation**\n\n(Exact\nname of registrant as specified in its charter)\n\n \n\n**Cayman Islands**   **N/A**\n\n(State or other jurisdiction of\nincorporation or organization)   (I.R.S. Employer\nIdentification No.)\n\n \n\n**39\nE. Broadway, Suite 603\nNew York, New York**\n  **10002**\n\n(Address of Principal Executive Offices)   (Zip Code)\n\n \n\n**Registrant’s\ntelephone number, including area code: (412) 947-0514**\n\n \n\nSecurities\nregistered pursuant to Section 12(b) of the Exchange Act\n\n \n\n**Title of each class**   **Trading Symbol(s)**   **Name of each exchange on which registered**\n\nUnits, each consisting of one Ordinary Share, $0.0001 par value, and one right   UYSCU   The Nasdaq Stock Market LLC\n\nOrdinary Shares, $0.0001 par value   UYSC   The Nasdaq Stock Market LLC\n\nRights to receive one-fifth (1/5th) of one Ordinary Share   UYSCR   The Nasdaq Stock Market LLC\n\n \n\nSecurities\nregistered pursuant to Section 12(g) of the Securities Exchange Act: None.\n\n \n\nIndicate\nby check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐   No ☒\n\n \n\nIndicate\nby check mark if the registrant is not required to file reports pursuant to Section 13 or 15 (d) of the Securities Exchange Act.\nYes ☐   No ☒\n\n \n\nIndicate\nby check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange\nAct during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been\nsubject to such filing requirements for the past 90 days. Yes ☒   No ☐\n\n \n\nIndicate\nby check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405\nof Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was\nrequired 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 the definitions of “large accelerated filer,” “accelerated filer,”\n“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):\n\n \n\nLarge accelerated filer ☐ Accelerated filer ☐\n\nNon-accelerated filer ☒ Smaller reporting company ☒\n\n    Emerging growth company ☒\n\n \n\nIf\nan emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying\nwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate\nby check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness\nof its internal control over financial reporting under section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered\npublic accounting firm that prepared or issued its audit report. ☐\n\n \n\nIf\nsecurities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant\nincluded in the filing reflect the correction of an error to previously issued financial statements. ☐\n\n \n\nIndicate\nby check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation\nreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b). ☐\n\n \n\nIndicate\nby check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒   No ☐\n\n \n\nThe\naggregate market value of the registrant’s Ordinary Shares outstanding at September 30, 2025, other than ordinary shares held\nby persons who may be deemed affiliates of the registrant, computed by reference to the closing price for the Ordinary Shares on such\ndate, as reported by the Nasdaq Stock Market LLC, was $60,697,000 (based upon a per share closing price of $10.15 on September 30, 2025).\n\n \n\nAs of July 8, 2026, assuming all units have been\nseparated, the Registrant had 5,221,060 ordinary shares outstanding.\n\n \n\n**DOCUMENTS\nINCORPORATED BY REFERENCE**\n\n \n\nNone.\n\n \n\n \n\n \n\n \n\n \n\n** **\n\n**TABLE\nOF CONTENTS**\n\n \n\n \n \n**PAGE**\n\n**PART I**\n \n1\n\n \n \n \n\n[Item 1. Business](#a_002)\n \n1\n\n[Item 1A. Risk Factors](#a_003)\n \n28\n\n[Item 1B. Unresolved Staff Comments](#a_004)\n \n79\n\n[Item 1C. Cybersecurity](#a_005)\n \n79\n\n[Item 2. Properties](#a_006)\n \n79\n\n[Item 3. Legal Proceedings](#a_007)\n \n79\n\n[Item 4. Mine Safety Disclosure](#a_008)\n \n79\n\n \n \n \n\n[**PART\nII**](#a_009)\n \n80\n\n \n \n \n\n[Item 5. Market for the Registrant’s Common Equity, and Related Stockholder Matters and Issuer Purchases of Equity Securities](#a_010)\n \n80\n\n[Item 6. Reserved](#a_011)\n \n81\n\n[Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_012)\n \n82\n\n[Item 7A. Quantitative and Qualitative Disclosures About Market Risk](#a_013)\n \n89\n\n[Item 8. Financial Statements and Supplementary Data](#a_014)\n \n89\n\n[Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](#a_015)\n \n89\n\n[Item 9A. Controls and Procedures](#a_016)\n \n89\n\n[Item 9B. Other Information](#a_017)\n \n89\n\n[Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](#a_018)\n \n89\n\n \n \n \n\n[**PART\nIII**](#a_019)\n \n90\n\n \n \n \n\n[Item 10. Directors, Executive Officers and Corporate Governance](#a_020)\n \n90\n\n[Item 11. Executive Compensation](#a_021)\n \n98\n\n[Item 12. Security Ownership of Certain Beneficial Owners and Management](#a_022)\n \n98\n\n[Item 13. Certain Relationships and Related Transactions](#a_023)\n \n100\n\n[Item 14. Principal Accountant Fees and Services](#a_024)\n \n103\n\n \n \n \n\n[**PART\nIV**](#a_025)\n \n104\n\n \n \n \n\n[Item 15. Exhibits and Financial Statement Schedules](#a_026)\n \n104\n\n[Item 16. Form 10-K Summary](#a_027)\n \n105\n\n \n\ni\n\n[Table of Contents](#TableOfContents)\n\n** **\n\n**CERTAIN\nTERMS**\n\n \n\nUnless\notherwise stated in this Annual Report on Form 10-K (this “Annual Report”), references to:\n\n \n\n●*“Amended\nand Restated Memorandum and Articles of Association” are to our second amended and restated memorandum and articles of association\nin effect as amended and/or restated from time to time;*\n\n \n\n●*“Companies\nAct” are to the Companies Act (Revised) of the Cayman Islands as the same may be amended from time to time;*\n\n \n\n*●**“founder\nshares” are to the 1,437,500 ordinary shares initially purchased by our sponsor in a private placement purchase prior to the initial\npublic offering;*\n\n \n\n●*“initial\nshareholders” are to the holders of our founder shares prior to the initial public offering;*\n\n \n\n●*“letter\nagreement” refers to the letter agreement, the form of which is filed as an exhibit to the registration statement of which the\nprospectus formed a part;*\n\n \n\n●*“management”\nor our “management team” are to our officers and directors;*\n\n \n\n●*“ordinary\nshares” are to our ordinary shares, par value $0.0001 per share, which include the public shares as well as the private placement\nshares;*\n\n \n\n●*“Prescribed\nTime Frame” means, after giving effect to the amendment to our Amended and Restated Memorandum and Articles of Association on March\n31, 2026, the period of time: (a) commencing on, and including, the closing date of the Initial Public Offering; and (b) ending\non the date that is twenty-four (24) months after the closing date of the Initial Public Offering, or such later date as our shareholders\nmay approve in accordance with our Amended and Restated Memorandum and Articles of Association;*\n\n \n\n●*“private\nplacement rights” are to the rights underlying the private placement units;*\n\n \n\n●*“private\nplacement shares” are to the ordinary shares underlying the private placement units;*\n\n \n\n●*“private\nplacement units” are to the units issued to our sponsor and/or its designees in a private placement simultaneously with the closing\nof the initial public offering;*\n\n \n\n●*“public\nrights” are to the rights sold as part of the units in the initial public offering (whether they are subscribed for in the initial\npublic offering or acquired in the open market);*\n\n \n\n●*“public\nshares” are to our ordinary shares offered as part of the units in the initial public offering (whether they are subscribed for\nin the initial public offering or acquired thereafter in the open market);*\n\n \n\n●*“public\nshareholders” are to the holders of our public shares;*\n\n \n\n●*“rights”\nare to our rights, which include the public rights as well as the private placement rights to the extent they are no longer held by the\ninitial purchasers of the private placement units or their permitted transferees;*\n\n \n\n●*“sponsor”\nis to UY Scuti Investments Limited, a British Virgin Islands company; and*\n\n \n\n●*“we,”\n“us,” “company,” or “our company” are to UY Scuti Acquisition Corp., a Cayman Islands exempted company.*\n\n \n\nii\n\n[Table of Contents](#TableOfContents)\n\n** **\n\n**CAUTIONARY\nNOTE REGARDING FORWARD-LOOKING STATEMENTS**\n\n \n\nSome\nstatements contained in this Annual Report are forward-looking in nature. Our forward-looking statements include, but are not limited\nto, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future.\nIn addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including\nany underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,”\n“could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,”\n“possible,” “potential,” “predict,” “project,” “should,” “would”\nand similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not\nforward-looking. Forward-looking statements in this Annual Report may include, for example, statements about:\n\n \n\n●our\nability to complete our initial business combination;\n\n \n\n●our\nsuccess in retaining or recruiting, or changes required in, our officers, key employees or directors following our initial business combination;\n\n \n\n●our\nofficers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in\napproving our initial business combination, as a result of which they would then receive expense reimbursements;\n\n \n\n●our\npotential ability to obtain additional financing to complete our initial business combination;\n\n \n\n●our\npool of prospective target businesses;\n\n \n\n●the\nability of our officers and directors to generate a number of potential acquisition opportunities;\n\n \n\n●our\npublic securities’ potential liquidity and trading;\n\n \n\n●the\nlack of a market for our securities;\n\n \n\n●the\nuse of proceeds not held in the trust account or available to us from interest income on the trust account balance; or\n\n \n\n●our\nfinancial performance following the IPO.\n\n \n\nThe\nforward-looking statements contained in this Annual Report are based on our current expectations and beliefs concerning future developments\nand their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated.\nThese forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions\nthat may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.\nThese risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors.”\nShould one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may\nvary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any\nforward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable\nsecurities laws.\n\n \n\niii\n\n[Table of Contents](#TableOfContents)\n\n** **\n\n**PART\nI**"}