Futurewave Acquisition Q2 net loss widens to $63,161
Reuters2026/08/13 20:32- Futurewave Acquisition posted a net loss of $63,161 for the quarter ended June 30, 2026.
- Other income totaled $18,009, including $16,605 of interest from Trust Account investments.
- General and administrative expenses were $81,170.
- Cash and cash equivalents were $851,297, while working capital was $1,063,537 as of June 30, 2026.
- The Trust Account held $86.27 million in cash and investments following the June IPO.
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.
You may also like
Japanese Yen consolidates near August highs vs USD as hawkish BoJ, Fed bets clash
The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.
As U.S. Treasury yields continue to climb, the American utilities sector is experiencing a significant pullback—a rise in yields not only erodes the relative appeal of the sector’s dividends but also raises financing costs for the most capital-intensive industries within this market.

Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision