HCM IV Acquisition swings to Q2 FY26 net income of $1.89 million; H1 FY26 net loss widens to $1.06 million
HACQ•Costs and balance sheet position
General and administrative costs totaled $770,227 in Q2, rising to $1.67 million for the first half.
Cash outside the Trust Account stood at $814,444, while Trust Account investments totaled $291.16 million in U.S. Treasury bills.
Q2 income boosted by Trust Account interest
HCM IV Acquisition posted Q2 FY26 net income of $1.89 million, driven by $2.65 million of Trust Account interest.
Six-month results turned to a net loss of $1.06 million as $3.06 million of advisory fees weighed on results.
Business-combination search remains at an early stage
Management said it has not selected a business-combination target and has not initiated substantive discussions with any target.
