Thayer Ventures Acquisition II Q2 FY26 net income more than doubled to $1.41 million
Reuters2026/08/13 21:07- Thayer Ventures Acquisition II posted net income of USD 1.41 million for the quarter ended June 30, 2026, up from USD 490,729 a year earlier.
- Earnings from investments held in the Trust Account rose to USD 1.84 million from USD 998,578.
- General and administrative costs fell to USD 291,648 from USD 471,599; California franchise tax totaled USD 136,793.
- Trust Account investments were USD 209.65 million at June 30, 2026; cash outside the Trust Account was USD 2,169.
- Management flagged substantial doubt about going concern if no initial Business Combination closes within the Combination Period.
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