Arc Group Acquisition I swings to net income of $625,846 in Q2 FY26 - ARCL News | RalliesArc Group Acquisition I swings to net income of $625,846 in Q2 FY26
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ARCL• Balance sheet and trust account
- $120.75 million of IPO and private placement proceeds sat in a Trust Account at June 30, 2026, invested in U.S. Treasurys or qualifying money funds.
- Cash was $993,632 at June 30, 2026, with a working capital surplus of $1.09 million.
- It began paying the sponsor $20,000 monthly from April 30.
Quarterly and half-year results
- Arc Group Acquisition I posted net income of $625,846 for the three months ended June 30, 2026.
- Net income totaled $598,846 for the six months ended June 30, 2026.
- The SPAC reported no revenue, citing organizational work and IPO-related activity as its only operations through June 30, 2026.
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