Bold Eagle Acquisition swings to Q2 net income of $1.01 million; operating loss widens to $1.4 million
Reuters2026/08/14 20:39- Bold Eagle Acquisition posted net income of USD 1.01 million for the quarter ended June 30, 2026, down from USD 2.55 million.
- Operating loss widened to USD 1.4 million from USD 186,011, driven by general and administrative expenses.
- Non-operating income slipped to USD 2.41 million from USD 2.73 million, reflecting interest earned on the Trust Account.
- Trust Account investments totaled USD 274.11 million at June 30, 2026; unrestricted cash was USD 311,166.
- Management flagged substantial doubt about going concern as the SPAC must complete a business combination by Oct. 25, 2026.
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