Peace Acquisition swings to Q2 profit of $86,706; trust interest income climbs to $204,613
Reuters2026/08/14 20:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Peace Acquisition posted net income of USD 86,706 for the three months ended June 30, 2026.
- Formation and operating costs totaled USD 118,157, while trust interest income reached USD 204,613.
- Six-month net income came in at USD 30,319, on formation and operating costs of USD 174,553.
- The SPAC reported no revenue, with results driven by USD 204,613 of trust interest income and USD 259 of bank interest income.
- Placed USD 60.3 million into its trust account following the May 26, 2026 IPO and private placement; about USD 400,000 remained outside trust.
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. Peace 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: 0001493152-26-038287), on August 14, 2026, and is solely responsible for the information contained therein.
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