Paloma Acquisition Q2 FY26 net income climbs to $1.25 million
Reuters2026/08/13 21:29Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Paloma Acquisition posted Q2 net income of USD 1.25 million, driven by USD 1.46 million of Trust Account interest income.
- Operating costs totaled USD 260,018, partially offset by a USD 50,000 gain from changes in the over-allotment liability.
- First-half net income was USD 207,058 on USD 2.09 million of interest income, offset by USD 486,006 of operating costs.
- Stock-based compensation expense was USD 1.45 million in the first half.
- Trust Account marketable securities were USD 166.59 million at June 30, with USD 1.13 million of cash held outside the Trust Account.
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. Paloma Acquisition Corp. I 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: 0001104659-26-096057), on August 13, 2026, and is solely responsible for the information contained therein.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Nikkei May Decline Amid Uncertainty Over Middle East, Fed Policy -- Market Talk
Dow Jones•2026/09/07 23:45
SoftBank installs new base station at Kyoto’s Kiyomizu-dera to boost mobile coverage
Reuters•2026/09/07 23:39
Weir wins order to supply two grinding units to Zijin Mining’s Akyem Mine in Ghana
Reuters•2026/09/07 23:15
Crypto prices
MoreBitcoin
BTC
$79,117.92
-1.74%
Ethereum
ETH
$2,491.02
-1.33%
Tether USDt
USDT
$1.0000
+0.01%
BNB
BNB
$739.2
-1.97%
XRP
XRP
$1.4
-1.94%
USDC
USDC
$1
+0.01%
Solana
SOL
$103.87
-2.60%
TRON
TRX
$0.3343
-0.39%
Hyperliquid
HYPE
$85.14
-3.06%
Zcash
ZEC
$1,139.51
-7.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now