Cactus Acquisition Q1 FY26 net loss widens to $168,000; trust interest income drops to $6,000

CCTS•2026-08-28

Quarterly loss widens as trust interest income falls

Cactus Acquisition posted a net loss of $168,000 for the quarter ended March 31, 2026, widening from $78,000.

Interest income on Trust Account investments dropped 93.68% to $6,000, reflecting reduced trust balances following redemptions.

Operating expenses slipped 11.19% to $127,000, while financial expenses climbed 56.67% to $47,000 on higher promissory-note funding.

Liquidity remains tight ahead of liquidation deadline

Cash was $15,000 at March 31, 2026; working capital deficit totaled $3.14 million, raising going-concern uncertainty ahead of the liquidation deadline.

The Tembo deal advanced with a confidential Form F-4 filed Dec. 29, 2025; an amended resubmission is targeted in 2H 2026 ahead of the Nov. 2, 2026 deadline.

Sources

Cactus Acquisition Q1 FY26 net loss widens to $168,000; trust interest income drops to $6,000

Sec

Cactus Acquisition Q1 FY26 net loss widens to $168,000; trust interest income drops to $6,000

Quarterly loss widens as trust interest income falls

Liquidity remains tight ahead of liquidation deadline

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Cactus Acquisition Q1 FY26 net loss widens to $168,000; trust interest income drops to $6,000

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