EGH Acquisition FY26 Q2 net income drops to $87,400; six-month net income falls to $1.11 million
EGHA•Quarterly and six-month results
- EGH Acquisition posted Q2 net income of $87,400, down 89.19% from $808,306 a year earlier.
- Interest income in the trust account climbed to $1.36 million, while general and administrative expense widened to $1.28 million.
- First-half net income rose 46.78% to $1.11 million, driven by $2.71 million of trust-account interest partially offset by $1.6 million of overhead.
Trust account balance and business combination status
- Marketable securities held in the trust account totaled $156.58 million as of June 30, 2026; cash outside the trust was $203,269.
- The SPAC continued pursuing the Hecate business combination, while management flagged substantial doubt about going concern without a deal by May 12, 2027.
