New America Acquisition I Q2 net income falls to $1.86 million; six-month net income drops to $3.92 million

Reuters2026/08/14 20:17

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New America Acquisition I posted net income of USD 1.86 million for the quarter ended June 30, 2026.
Interest income on cash held in the trust account totaled USD 3.02 million, offset by operating and formation costs of USD 268,621.
Income tax expense was USD 896,956.
Trust account held USD 345 million; USD 659,719 sat outside the trust account as of June 30, 2026.
Management said substantial doubt exists about going concern beyond June 5, 2027 absent a completed business combination or deadline extension.

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. New America Acquisition I 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: 0001493152-26-038351), 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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New America Acquisition I Q2 net income falls to $1.86 million; six-month net income drops to $3.92 million

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