Jena Acquisition II swings to Q2 profit of $1.88 million; net loss narrows to $2.98 million in H1 FY26
JENA•Q2 and first-half results
Jena Acquisition Corporation II posted net income of $1.88 million for the quarter ended June 30, 2026.
Dividend and interest income in the trust account totaled $2.1 million, partially offset by formation and administrative costs of $222,741.
Net income for the six months ended June 30, 2026 was $2.98 million on $4.18 million of trust interest and dividends.
Cash position and listing compliance
Cash outside the trust account was $66,988 at June 30, 2026, with working capital of $210,395.
NYSE flagged non-compliance with the 300 public shareholders requirement; the company submitted a plan to regain compliance within 18 months.
