Aldabra 4 LOV posts Q2 net income of $1.65 million; trust interest income rises to $1.85 million
ALOV•Second-quarter results
Aldabra 4 LOV posted Q2 net income of $1.65 million, driven by $1.85 million of Trust Account interest income.
General and administrative expenses totaled $203,613.
Business combination status
No business combination target has been selected and no substantive discussions have been initiated.
First-half results and liquidity
First-half net income rose to $2.89 million on $3.75 million of Trust Account interest, offset by $862,073 of overhead.
Cash outside the Trust Account was $891,230 at June 30, with a working capital surplus of $892,322.
