Apogee Acquisition Q2 net income rises to $1.13 million; investment income climbs to $1.44 million
AACP•Quarterly results
Apogee Acquisition posted net income of USD 1.13 million in the quarter ended June 30, 2026.
Investment income on Trust holdings totaled USD 1.44 million, offset by formation and operating expenses of USD 303,013.
Six-month results
For the six months ended June 30, net income was USD 1.08 million on the same USD 1.44 million of Trust investment income.
Cash and trust balance
Cash used in operating activities was USD 470,520, while USD 173.36 million was deposited into the Trust.
Going concern and deadline
Management said the company has until July 8, 2027 to complete a business combination, citing substantial doubt about going concern.
