TLNC · NASDAQ · Shell Companies

Talon Capital (TLNC)

Blank-check company seeking an energy-and-power business combination.

$10.27
At close+0.04 (+0.39%)
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Talon Capital Corp. Class A Ordinary SharesTLNCFinancials

Seeks to acquire and build an energy-and-power business rather than operate one today, earning only interest on cash held in trust before a deal. Its single-event structure leaves the listed security dependent on sourcing, financing, approvals, redemptions, and completion of an initial combination.

Operates as a Cayman Islands blank-check company formed to complete a business combination rather than to sell products or run an energy business. It has not commenced operations, selected a target, or reported operating segments, customers, brands, or commercial revenue. Before a transaction, its income arises from interest on IPO cash held in trust.

Seeks an energy-services-and-power company, with priorities that include grid reliability, power density, and industrial uptime, while retaining legal flexibility to pursue targets in other sectors or geographies. Work consists of target sourcing, diligence, deal negotiation, financing, and execution through management's sector network and operating experience.

Most assets remain in trust pending a combination or redemption. The outcome depends on a timely target selection, shareholder and regulatory approvals, available financing, redemption levels, and a closing before the contractual deadline.

Company facts

CEOCharles S. Leykum
ListedOct 8, 2025
ExchangeNASDAQ
HeadquartersHouston, TX
CountryUnited States
Employees2
CIK0002073340
ISINKYG866521076

Market cap$349.4M
EPS (ttm)$0.1971
P/E (ttm)52.11
ROE2.4%
P/B1.06
P/S0.00
Dividend yieldDiv yield
Beta−0.01vs XLF −0.01

No analyst consensus on record.

EPSReportedEstimate

Mar '26May '26Aug '26
Reported$0.07$0.06$0.04
Estimate
Surprise

RevenueReportedEstimate

Mar '26May '26Aug '26
Reported
Estimate
Surprise
Estimate
Reported$0.04
Estimate
Reported
View details

Debt to equity0.00%
Current ratio340.20%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0
Net income−$37.3K$383.9K$2.3M$2.0M$1.3M
Net margin

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$37.3K−$159.1K−$350.0K−$342.8K−$1.0M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $2.4M · Total debt $0 · Total assets $259.0M · Shareholders' equity $248.1M

Revenue
$0
Operating income
−$1.0M
Net income
$1.3M
View details

No dividends on record.

Institutions36 holders · as of Mar 31, 202645.69%15.52M shares
Otherremainder54.31%18.45M shares

33.98M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
T. Rowe Price Associates, Inc.Institution
6.64%2.26M13Gfiled Nov 14, 2025
Adage Capital Partners GP, L.L.C.Institution
5.96%2.03M A13Fas of Mar 31, 2026
Adage Capital Management, L.P.Institution
5.96%2.03M13Gfiled Nov 13, 2025
Healthcare of Ontario Pension Plan Trust FundInstitution
5.15%1.75M13Gfiled Nov 13, 2025
Linden Advisors LPInstitution
4.77%1.62M A13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Compare

CompanyPriceChange
Talon Capital$10.27+0.39%$349.4M52.1
Energy Transition Special Opportunities$9.91−0.10%$148.7M