Starry Sea Acquisition net income rises to $109,502 in Q2 FY26

Reuters2026/08/14 15:56

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Starry Sea Acquisition posted net income of $109,502 for the three months ended June 30, 2026, on $487,635 of trust interest.
Formation and operating costs totaled $378,133 in the quarter, while the company reported no revenue as it continues searching for a deal.
Six-month net income rose to $434,732, supported by $972,134 of interest income, partly offset by $537,402 of costs.
Cash outside the trust account was $6,081 at June 30, 2026, with a working capital deficit of $158,336.
Starry Sea said it will not proceed with a proposed deal for Forever Young after its letter of intent expired on Jan. 12, 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. Starry Sea 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: 0001829126-26-008838), on August 14, 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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Starry Sea Acquisition net income rises to $109,502 in Q2 FY26

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