Best SPAC I net income turns to $166,802 in Q2 FY26

Best SPAC I Acquisition posted net income of $166,802 for the quarter ended June 30, 2026, versus a net loss of $5,791 a year earlier.

Interest income climbed to $291,799 from $87,764, while general and administrative expenses rose to $124,997 from $93,555.

For the six months ended June 30, 2026, net income totaled $526,273, compared with a net loss of $46,459 a year earlier.

Shareholders extended the deadline to complete a business combination to June 16, 2027, with 5,333,287 Class A shares redeemed for $55.23 million.

BSAA had $1.11 million in cash outside the trust account and $1.74 million of marketable securities in the trust account as of June 30, 2026.