Columbus Acquisition Q2 FY26 net income drops 80.59% to $89,786
COLA•COLA•COLA•COLA•Net income for the six months ended June 30, 2026 dropped 75.3% to $151,258 on interest income of $513,750, down 49.54%.
Cash was $8,393 at June 30, 2026, while working capital deficit widened to $483,254.
Nasdaq flagged a minimum-holders deficiency; the company submitted a compliance plan on July 2, 2026, and has until Aug. 22, 2026 to close a deal, extendable to Jan. 22, 2027.
Columbus Acquisition posted net income of $89,786 for the quarter ended June 30, 2026, down 80.59% from a year earlier.
Trust Account interest income fell 63.16% to $226,350, while general and administrative expense eased 10.09% to $136,564.
