Invest Green Acquisition swings to Q2 FY26 profit of $1.3 million; six-month net income rises to $2.63 million
Reuters2026/08/10 10:04- Invest Green Acquisition posted net income of $1.3 million for the quarter ended June 30, 2026, reflecting $1.55 million of trust-account investment income.
- Net income totaled $2.63 million for the six months, driven by $3.07 million of income on marketable securities held in the trust account.
- General and administrative expenses ran $245,904 for the quarter, rising to $440,910 for the six-month period.
- Trust-account marketable securities stood at $176.16 million at June 30, 2026, while cash equivalents outside the trust account were $669,779.
- A $3.5 million Working Capital Note to the sponsor had $896,740 outstanding at June 30, 2026, convertible into units at $5 per unit.
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.
You may also like
LNG exports plunge by 90%: Qatar’s quarterly fiscal deficit hits nearly a ten-year high, with economic contraction expected to exceed 8% this year
Qatar's budget deficit in the second quarter reached approximately $5.8 billion, marking the highest level since the end of 2016 and nearly double that of the previous quarter. Following the blockade of the Strait of Hormuz, Qatar's liquefied natural gas (LNG) exports plummeted from about 20 million tons per quarter in the same period last year to less than 2 million tons during April to June 2026. According to the IMF, Qatar's economy is expected to contract by more than 8% this year.
Colombian Peso: Downside risk bias against US Dollar – TD Securities
ETH breaks through the $2,500 mark
HBAR price slips 2% as USDOT integration claim remains unverified
