OTG Acquisition Q2 FY26 net income rises to $1.73 million
Reuters2026/08/12 20:12- OTG Acquisition posted Q2 net income of USD 1.73 million, driven by USD 1.92 million of interest in its Trust Account.
- General and administrative costs totaled USD 194,947 for the quarter.
- First-half net income rose to USD 3.43 million, reflecting USD 3.91 million of Trust Account interest.
- Cash and marketable securities in the Trust Account climbed to USD 237.58 million as of June 30, 2026.
- Liquidity outside the Trust Account stood at USD 348,766, with a going-concern warning tied to the timeline to complete a business combination.
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