Black Hawk Acquisition swings to Q2 FY26 net income of $88,929 from net loss - BKHA News | RalliesBlack Hawk Acquisition swings to Q2 FY26 net income of $88,929 from net loss
B
BKHA• Vesicor business combination remains pending
- The Vesicor deal remained pending, with the business combination expected to close in the third quarter of 2026.
Quarter results improve as Trust income declines
- Black Hawk Acquisition posted net income of $88,929 for the quarter ended May 31, 2026, down 82.92% from $520,542 a year earlier.
- Interest earned on investments held in Trust Account fell 71.02% to $222,525, while general and administrative costs dropped 63.59% to $79,215.
- Operating loss narrowed to $109,215 from $247,598, while interest expense rose to $24,381 from none a year earlier.
- Trust Account investments increased to $25.31 million from $23.83 million at Nov. 30, 2025; cash slid to $11,583 from $39,521.
