Israel Acquisitions net loss narrows 72.67% to $65,062 in Q2 2026
Quarterly and six-month results
Israel Acquisitions posted a net loss of $65,062 for the quarter ended June 30, 2026, narrowing from $238,126 a year earlier.
Six-month net loss widened to $237,978 from $171,473 in the prior-year period.
Cash, trust account and business combination update
Cash outside the trust account totaled $1,726 at June 30, 2026; working capital deficit was $2.98 million.
Marketable securities in the trust account stood at $6.41 million; Nasdaq delisted the shares, units and warrants in January.
The Gadfin business combination agreement was terminated on June 22 following multiple deadline extensions into June.
