Osprey Acquisition III Q2 net loss widens to $61,672
Reuters2026/08/12 20:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Osprey Acquisition Corp. III posted a net loss of USD 61,672 for the quarter ended June 30, 2026, reflecting general and administrative costs.
- The blank-check company reported a net loss of USD 109,270 from inception on Jan. 27, 2026 through June 30, 2026, also driven by general and administrative expenses.
- It ended the quarter with USD 22,607 in cash and a working capital deficit of USD 495,412.
- Subsequent to quarter-end, it raised USD 300.15 million in gross proceeds from its initial public offering and USD 7.47 million from a private placement.
- It placed USD 300.15 million into a trust account to fund a business combination.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Osprey Acquisition Corp. III published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-088369), on August 12, 2026, and is solely responsible for the information contained therein.
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