Osprey Acquisition III Q2 net loss widens to $61,672
Reuters2026/08/12 20:23- Osprey Acquisition Corp. III posted a net loss of USD 61,672 for the quarter ended June 30, 2026, reflecting general and administrative costs.
- The blank-check company reported a net loss of USD 109,270 from inception on Jan. 27, 2026 through June 30, 2026, also driven by general and administrative expenses.
- It ended the quarter with USD 22,607 in cash and a working capital deficit of USD 495,412.
- Subsequent to quarter-end, it raised USD 300.15 million in gross proceeds from its initial public offering and USD 7.47 million from a private placement.
- It placed USD 300.15 million into a trust account to fund a business combination.
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