{"url_path":"/sec/vaci/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2080023/0001213900-26-057912-index.html","accession_number":"0001213900-26-057912","cik":"0002080023","ticker":"VACI","issuer_name":"Viking Acquisition Corp I","edgar_url":"https://www.sec.gov/Archives/edgar/data/2080023/0001213900-26-057912-index.html","primary_entity_key":"0002080023","primary_entity_name":"Viking Acquisition Corp 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STATES \n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n \n\nFORM 10-Q\n\n \n\n(MARK ONE) \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 the transition period from                    to                       \n\n \n\nViking Acquisition Corp. I\n\n(Exact Name of Registrant as Specified in Its\nCharter) \n\n \n\nCayman Islands 001-42927 86-1872510\n\n(State\nor Other Jurisdiction of\n\nIncorporation or Organization)\n \n(Commission\nFile Number)\n \n(I.R.S.\nEmployer\n\nIdentification Number)\n\n \n\n900 Third Avenue, 18th Floor\n New York, NY 10022\n\n(Address of principal\nexecutive offices)\n \n(Zip Code)\n\n \n\n(917) 423-7931\n\n(Issuer’s telephone number)\n\n \n\nSecurities registered pursuant to Section 12(b)\nof 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, $0.0001 par value, and one-third of one redeemable warrant VACI.U The New York Stock Exchange\n\nClass A ordinary shares, $0.0001 par value VACI The New York Stock Exchange\n\nRedeemable warrants, each full warrant exercisable for one Class A ordinary share at an exercise price of $11.50 per share VACI WS The New York Stock Exchange\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 Securities Exchange Act of 1934 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 by check mark whether the registrant\nis a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.\nSee the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”\nand “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated\nfiler\n☐\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 15, 2026, there were 23,660,000 Class A ordinary shares, $0.0001 par value and 7,666,667 Class B ordinary shares, $0.0001 par value, issued and outstanding. \n\n \n\n \n\n \n\n \n\n \n\nVIKING ACQUISITION CORP. I\n\nFORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 \n\nTABLE OF CONTENTS\n\n \n\n \n \nPage\n\n[Part I. Financial Information](#a_001)\n \n\n[Item 1. Interim Financial Statements](#a_002)\n \n1\n\n[Condensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 2025](#a_003)\n \n1\n\n[Condensed Statement of Operations for the Three Months Ended March 31, 2026 (Unaudited)](#a_004)\n \n2\n\n[Condensed Statement of Changes in Shareholders’ Deficit for the Three Months Ended March 31, 2026 (Unaudited)](#a_005)\n \n3\n\n[Condensed Statement of Cash Flows for the Three Months Ended March 31, 2026 (Unaudited)](#a_006)\n \n4\n\n[Notes to Condensed Financial Statements (Unaudited)](#a_007)\n \n5\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#a_008)\n \n17\n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#a_009)\n \n19\n\n[Item 4. Controls and Procedures](#a_010)\n \n19\n\n[Part II. Other Information](#a_011)\n \n \n\n[Item 1. Legal Proceedings](#a_012)\n \n20\n\n[Item 1A. Risk Factors](#a_013)\n \n20\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#a_014)\n \n20\n\n[Item 3. Defaults Upon Senior Securities](#a_015)\n \n20\n\n[Item 4. Mine Safety Disclosures](#a_016)\n \n20\n\n[Item 5. Other Information](#a_017)\n \n20\n\n[Item 6. Exhibits](#a_018)\n \n21\n\n[Part III. Signatures](#a_019)\n \n22\n\n \n\ni\n\n \n\n \n\nPART I - FINANCIAL INFORMATION"}