A SPAC II net loss widens 354.06% to $78,709 in Q2 FY26 - ASCBF News | RalliesA SPAC II net loss widens 354.06% to $78,709 in Q2 FY26
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ASCBF• Quarterly loss widens
- A SPAC II Acquisition posted a Q2 net loss of $78,709, widening from a $17,335 loss a year earlier.
- General and administrative expense climbed to $82,039, while interest income fell to $3,330.
First-half results and balance-sheet items
- For the first half, net loss widened to $151,004 from $78,078, as interest income dropped to $7,020.
- Cash outside the trust account totaled $68,917, with a working capital deficit of $782,907 as of June 30, 2026.
- Nasdaq suspended trading on Sept. 24, 2024; shares now trade over the counter, while the business-combination deadline runs to Aug. 5, 2027.
