Collective Acquisition Q2 FY26 net income drops 52.7% to $359,974
CCAQ•CCAQ•CCAQ•CCAQ•Trust account marketable securities totaled USD 150.53 million at June 30, 2026. Operating cash was USD 43,642, with a working capital deficit of USD 137,626.
The sponsor signed a non-interest-bearing promissory note for up to USD 500,000; USD 200,000 has been drawn. Maximilian Staedtler replaced Elliot Richmond as CFO.
Collective Acquisition posted Q2 FY26 net income of USD 359,974, down 52.70% from a year earlier.
Interest income in the trust account rose to USD 1.32 million, while general and administrative costs jumped to USD 960,759.
First-half net income climbed to USD 1.07 million, up 50.73% year over year.
