1RT Acquisition swings to Q2 FY26 net income of $1.43 million
Reuters2026/08/13 12:41Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 1RT Acquisition posts Q2 net income of USD 1.43 million, swinging from a net loss of USD 41,267 a year earlier.
- Interest income on Trust Account marketable securities totals USD 1.57 million, partially offset by USD 145,266 in general and administrative costs.
- Six-month net income reaches USD 2.8 million, reversing a USD 72,267 loss in the prior-year period.
- Trust Account marketable securities stand at USD 178.98 million, including about USD 6.48 million of interest income; cash outside the Trust Account is USD 36,203.
- Management flags substantial doubt about going concern, citing limited liquidity and the need to complete a Business Combination by July 3, 2027.
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. 1RT Acquisition Corp. 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: 0001213900-26-088733), on August 13, 2026, and is solely responsible for the information contained therein.
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