HCM III Acquisition net income rises to $1.57 million in Q2 FY26
HCMA•Trust Account holdings
Marketable securities in the Trust Account were $261.8 million at quarter-end, invested in U.S. Treasury Bills with maturities of 185 days or less.
First-half results and cash position
First-half net income rose to $3.3 million, including $4.5 million of Trust Account interest. Cash used in operating activities was $344,626 in the first half, while cash on hand totaled $670,656 at June 30, 2026.
Quarterly net income driven by Trust Account interest
HCM III Acquisition posted Q2 net income of $1.57 million, driven by $2.4 million of Trust Account interest. General and administrative costs totaled $831,041 for the quarter, offsetting interest earned on cash equivalents of $6,383.
