Graf Global Q2 FY26 net loss widens to $507,053; net income falls to $1.59 million for first half FY26
TONT•Drivers of the quarterly loss
Interest income from the trust account slid to $2.13 million from $2.49 million, while general and administrative costs jumped to $1.94 million from $193,321.
Non-redemption agreements expense totaled $697,987, contributing to the quarterly loss.
Quarterly results and first-half net income
Graf Global posted a net loss of $507,053 for the quarter ended June 30, 2026, swinging from net income of $2.3 million.
For the first half of fiscal 2026, net income fell to $1.59 million.
Business combination and trust account update
Graf Global entered a Business Combination Agreement with BIG3 on June 12, 2026, including a planned domestication to Delaware ahead of closing.
Shareholders redeemed 14,590,367 shares at about $10.86 each in the extension vote, leaving about $91.4 million in the trust account.
