FortuneX Acquisition swings to Q2 FY26 net income of $182,711
FXAC•Quarterly results and balance sheet
- FortuneX Acquisition posted GAAP net income of $182,711 for the three months ended June 30, 2026.
- Interest earned on Trust Account investments totaled $287,137, with bank interest income of $3,259.
- General and administrative expenses were $107,685; the company reported no revenue.
- Cash and cash equivalents were $574,630, with working capital of $1.08 million.
- The Trust Account held $87.4 million in cash and investments; the SPAC has until May 26, 2027 to complete a deal.
