Jena Acquisition II swings to Q2 profit of $1.88 million; net loss narrows to $2.98 million in H1 FY26
Reuters2026/08/14 20:13- Jena Acquisition Corporation II posted net income of USD 1.88 million for the quarter ended June 30, 2026.
- Dividend and interest income in the trust account totaled USD 2.1 million, partially offset by formation and administrative costs of USD 222,741.
- Net income for the six months ended June 30, 2026 was USD 2.98 million on USD 4.18 million of trust interest and dividends.
- Cash outside the trust account was USD 66,988 at June 30, 2026, with working capital of USD 210,395.
- NYSE flagged non-compliance with the 300 public shareholders requirement; a plan was submitted to regain compliance within 18 months.
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