Lionheart Holdings Q2 FY26 net loss widens to $4.62 million; operating costs jump to $6.82 million
Reuters2026/08/14 20:45- Lionheart Holdings posted a GAAP net loss of $4.62 million for the quarter ended June 30, 2026, versus net income of $2.25 million a year earlier.
- Interest income on Trust Account investments fell 11.23% to $2.2 million, while operating costs surged to $6.82 million from $230,165.
- For the six months ended June 30, it reported a GAAP net loss of $2.69 million, swinging from net income of $4.45 million a year earlier.
- Trust Account marketable securities rose to $250.54 million at June 30, 2026 from $246.16 million at Dec. 31, 2025.
- Shareholders redeemed 4,503,836 Class A shares for about $49.1 million, while the SPAC extended its deal deadline to March 20, 2027.
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