Karbon Capital swings to Q2 FY26 net income of $1.39 million
Reuters2026/08/13 20:50- Karbon Capital Partners posted GAAP net income of USD 1.39 million for the three months ended June 30, 2026.
- Interest income from marketable securities in the trust account totaled USD 3.11 million, offset by USD 1.34 million in share-based compensation.
- GAAP net income was USD 4.18 million for the six months ended June 30, 2026, driven by USD 6.18 million of trust-account interest.
- Cash outside the trust account was USD 418,044 at June 30, 2026, with working capital of USD 203,684.
- Trust account held USD 345 million from IPO and private placement proceeds, invested in short-dated U.S. Treasuries or qualifying money market funds.
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