Cactus Acquisition FY25 net loss narrows 57.39% to $559,000
Reuters2026/07/29 21:36- Cactus Acquisition posted a net loss of USD 559,000 in 2025, narrowing from a USD 1.31 million loss in 2024.
- Interest income, dividend income, realized gains in the Trust Account fell 67% to USD 337,000.
- Operating expenses dropped 63% to USD 753,000; financial expenses fell 53% to USD 144,000.
- Cash was USD 51,000 at Dec. 31, 2025, with a working capital deficit of USD 2.97 million.
- Tembo deal advanced with a confidential Form F-4 filed Dec. 29, 2025; amended resubmission targeted in 2H 2026 ahead of Nov. 2, 2026 deadline.
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