FORM 10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2026 Commission file number: 001-42946 Evolution Global Acquisition Corp(Exact Name of Registrant as Specified in Its Charter) (Issuer’s telephone number) Securities registered pursuant to Section 12(b) of the Act: 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 filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying 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 August 12, 2026, there were 24,000,000 Class A Ordinary Shares, $0.0001 par value and 8,000,000 Class B Ordinary Shares,$0.0001 par value, issued and outstanding. EVOLUTION GLOBAL ACQUISITION CORPFORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2026TABLE OF CONTENTS PagePart I. Financial Information1Item 1. Interim Financial Statements1Condensed Balance Sheets as of June 30, 2026 (Unaudited) and December 31, 20251Condensed Statements of Operations for the three and six months ended June 30, 2026 and for the period from June 26,2025 (Inception) Through June 30, 2025 (Unaudited)2Condensed Statements of Changes in Shareholders’ Deficit for the three and six months ended June 30, 2026 and for theperiod from June 26, 2025 (Inception) Through June 30, 2025 (Unaudited)3Condensed Statements of Cash Flows for the six months ended June 30, 2026 and for the period from June 26, 2025(Inception) Through June 30, 2025 (Unaudited)4Notes to Condensed Financial Statements (Unaudited)5Item 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 Information21Item 1. Legal Proceedings21Item 1A. Risk Factors21Item 2. Unregistered Sales of Equity Securities and Use of Proceeds21Item 3. Defaults Upon Senior Securities21Item 4. Mine Safety Disclosures21Item 5. Other Information21Item 6. Exhibits22Part III. Signatures23 PART I - FINANCIAL INFORMATION EVOLUTION GLOBAL ACQUISITION CORPCONDENSED BALANCE SHEETS Class A ordinary shares subject to possible redemption, $0.0001 par value; 24,000,000 shares atredemption value of $10.23 and $10.05 per share as of June 30, 2026 and December 31, 2025,respectively245,481,456241,206,744 EVOLUTION GLOBAL ACQUISITION CORPCONDENSED STATEMENTS OF OPERATIONS(UNAUDITED) EVOLUTION GLOBAL ACQUISITION CORPCONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT(UNAUDITED) FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 Class AOrdinary SharesClass BOrdinary SharesAdditionalPaid-inAccumulatedTotalShareholders’SharesAmountSharesAmountCapitalDeficitDeficitBalance – December 31, 2025—$—8,000,000$800$—$(8,499,676)$(8,498,876)Accretion for Class A ordinary shares to subject toredemption—————(2,120,916)(2,120,916)Net income—————1,951,8451,951,845Balance – March 31, 2026—$—8,000,000$800$—$(8,668,747)$(8,667,947)Accretion for Class A ordinary shares to subject toredemption—————(2,153,796)(2,153,796)Net income—————1,935,1951,935,195Balance – June 30, 2026—$—8,000,000$800$—$(8,887,348)$(8,886,548) (1)Includes up to 1,000,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in partby the underwriters (Note 6). (2)On August 20, 2025, due to a recapitalization, the Company issued an additional 916,667 Class B ordinary shares to the Sponsor.All share and per share data has been retroactively restated. The accompanying notes are an integral part of these unaudited condensed financial statements. EVOLUTION GLOBAL ACQUISITION CORPCONDENSED STATEMENTS OF CASH FLOWS(UNAUDITED) Net income (loss)$3,887,040$(20,818)Adjustments to reconcile net income (l