As of Jul 9, 2025, Black Hawk Acquisition Corporation has 698 shares failed to deliver, representing 8.43% of the average daily volume of 8,279 shares. Over the past year, the monthly average FTD is 1,004 shares, with the current level 30% below the historical average, indicating moderate settlement pressure. The weighted FTD ratio above 1% suggests potential liquidity constraints or heightened short-selling activity.