Gesher Acquisition II Q2 FY26 net income drops 28.28% to $944,152 - GSHR News | RalliesGesher Acquisition II Q2 FY26 net income drops 28.28% to $944,152
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GSHR• Balance sheet highlights
- Trust Account marketable securities totaled $151.35 million.
- Cash outside the Trust Account was about $310,500.
Q2 and six-month results
- Gesher Acquisition Corp. II posted Q2 net income of $944,152, down 28.27% from a year earlier.
- Interest earned on Trust Account marketable securities fell 11.96% to $1.32 million.
- Operating costs more than doubled to $374,532.
- Six-month net income rose 36.39% to $1.84 million, as Trust Account interest climbed 62.82% to $2.62 million.
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