(Exact Name of Registrant as Specified in Its Charter)Cayman Islands N/A Not applicable(Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange 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☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.Large accelerated filer☐Accelerated filer☐ ☒Smaller reporting companyEmerging growth companyIf 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.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of May 13, 2026, there were 17,893,817 Class A ordinary shares, $0.0001 par value and 5,833,183 Class B ordinary shares,$0.0001 par value, issued and outstanding. GLOBA TERRA ACQUISITION CORPORATIONFORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026TABLE OF CONTENTS Part I. Financial InformationItem 1. Interim Financial StatementsCondensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 20251UnauditedCondensed Statements of Operations for the three months Ended March 31, 2026 and 20252UnauditedCondensed Statements of Changes in Shareholders’ Equity (Deficit) for the three months ended March 31, 2026and 20253UnauditedCondensed Statements of Cash Flows for the three months ended March 31, 2026 and 20254Notes to Unaudited Condensed Financial Statements5Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations17Item 3. Quantitative and Qualitative Disclosures About Market Risk20Item 4. Controls and Procedures20Part II. Other InformationItem 1. Legal Proceedings21Item 1A. Risk Factors21Item 2. Unregistered Sales of Equity Securities and Use of Proceeds21Item 3. Defaults Upon Senior Securities21Item 4. Mine Safety Disclosures22Item 5. Other Information22Item 6. Exhibits22Signatures23 Table of Contents GLOBA TERRA ACQUISITION CORPORATIONUNAUDITED CONDENSED STATEMENTS OF OPERATIONS (1)For the three months ended March 31, 2025, excludes an aggregate of up to 760,850 Class B ordinary shares subject toforfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 7). No Class B ordinaryshares were forfeited as the underwriters fully exercised the over-allotment option. (2)For the three months ended March 31, 2025, shares and associated accounts have been retroactively restated to reflect thesurrender of 1,354,317 Class B ordinary shares to the Company for no consideration on March 25, 2025. The accompanying notes are an integral part of these unaudited condensed financial statements. GLOBA TERRA ACQUISITION CORPORATIONCONDENSED STATEMENTS OF CHANGES INSHAREHOLDERS’ EQUITY (DEFICIT) FOR THE THREEMONTHS ENDED MARCH 31, 2026 AND FOR THE THREEMONTHS ENDED MARCH 31, 2025(UNAUDITED) (1)For the three months ended March 31, 2025, includes an aggregate of up to 760,850 Class B ordinary shares subject toforfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 7).(2)For the three months ended March 31, 2025, shares and associated accounts have been retroactively restated to reflect thesurrender of 1,354,317 Class B ordinary shares to the Company for no consideration on March 25, 2025. The accompanying notes are an integral part of these unaudited condensed financial statements. GLOBA TERRA ACQUISITION CORPORATIONCONDENSED STATEMENTS OF CASH FLOWSFOR THE THREE MONTHS ENDED MARCH 31, 2026 AND 2025(UNAUDITED) Net income$1,340,806-Interest earned on investment held in trust(1,548,087)-Changes in assets/liabilities to reconcile net income to net cash used in operating activities:Prepaid expenses(26,078)-Accrued expenses64,479-Net Cash Used in Operating Activities(168,880)- GLOBA TERRA ACQUISITION CORPORATIONNotes to Unaudited Condensed Financial Statements NOTE 1 — DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS AND GOING CONCERN Globa Terra Acquisition