Iris Acquisition II Q2 net income rises to $1.26 million; six-month net income climbs to $2.04 million

IRAB•2026-08-10

Iris Acquisition Corp. II posted GAAP net income of USD 1.26 million for the quarter ended June 30, 2026.
Interest income on cash held in the Trust Account totaled USD 1.52 million, offset by general and administrative costs of USD 259,423.
For the six months ended June 30, 2026, GAAP net income was USD 2.04 million on USD 2.44 million of Trust Account interest income.
Cash held in the Trust Account stood at USD 170.94 million, while cash outside the Trust Account was USD 699,573.
Management flagged substantial doubt about going concern, citing expected acquisition-related costs and a February 4, 2028 business-combination deadline.

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