Paloma Acquisition Q2 FY26 net income climbs to $1.25 million
Reuters2026/08/13 21:29- Paloma Acquisition posted Q2 net income of USD 1.25 million, driven by USD 1.46 million of Trust Account interest income.
- Operating costs totaled USD 260,018, partially offset by a USD 50,000 gain from changes in the over-allotment liability.
- First-half net income was USD 207,058 on USD 2.09 million of interest income, offset by USD 486,006 of operating costs.
- Stock-based compensation expense was USD 1.45 million in the first half.
- Trust Account marketable securities were USD 166.59 million at June 30, with USD 1.13 million of cash held outside the Trust Account.
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