Chain Bridge I Q2 net loss widens to $166,000; swings to six-month net loss of $603,000
Reuters2026/08/14 20:28- Chain Bridge I posted a net loss of USD 166,000 for the three months ended June 30, 2026, swinging from net income of USD 5,800.
- Six-month net loss widened to USD 603,000 from USD 358,000 a year earlier.
- Cash totaled USD 147,356 at June 30, 2026, while working capital deficit stood at USD 952,568.
- Outstanding borrowings included USD 1.51 million under the C/M Note, USD 1.02 million under the Bridge Financing Note, and USD 368,680 under the Exchange Note.
- Company has until Nov. 15, 2026 to complete an initial business combination; it flagged substantial doubt about going concern.
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