X3 Acquisition Q2 FY26 net income rises to $1.84 million; interest income climbs to $2 million

Reuters2026/08/14 20:25

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X3 Acquisition posted net income of USD 1.84 million for the quarter ended June 30, 2026, driven by USD 2 million of trust interest.
General and administrative costs totaled USD 158,940 for the quarter.
Net income was USD 2.76 million for the six months ended June 30, 2026, supported by USD 3.49 million of trust interest.
Cash stood at USD 644,214 at June 30, 2026, while marketable securities in the trust account totaled USD 228.49 million.
Management flagged substantial doubt about going concern within one year, planning to address it through completing a business combination.

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. X3 Acquisition Corp. Ltd. 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: 0001493152-26-038394), 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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X3 Acquisition Q2 FY26 net income rises to $1.84 million; interest income climbs to $2 million

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