Patriot Acquisition swings to Q2 profit of $167,713; H1 net income at $103,277

Reuters2026/08/13 20:27

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Patriot Acquisition posted net income of USD 167,713 for the three months ended June 30, 2026.
Six-month net income totaled USD 103,277, reflecting USD 728,239 of interest income from the Trust Account.
Operating costs were USD 213,926 in the quarter, while compensation expense was USD 400,000.
Trust Account investments stood at USD 176.6 million as of June 30, 2026, with cash outside the trust of USD 1.2 million.
IPO and private placement proceeds placed in the Trust Account totaled USD 175.88 million on May 21, 2026.

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. Patriot 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: 0001213900-26-089121), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Patriot Acquisition swings to Q2 profit of $167,713; H1 net income at $103,277

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