KRAKacquisition Q2 FY26 net income rises to $2.85 million; six-month net loss widens to $6.06 million - KRAQ News | RalliesKRAKacquisition Q2 FY26 net income rises to $2.85 million; six-month net loss widens to $6.06 million
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KRAQ• Quarterly and six-month results
- KRAKacquisition posted net income of USD 2.85 million for the three months ended June 30, 2026.
- Interest earned on marketable securities totaled USD 3.08 million, while general and administrative expenses were USD 231,989.
- For the six months ended June 30, 2026, it turned to a net loss of USD 6.06 million.
- General and administrative expenses climbed to USD 11.2 million, partly offset by USD 5.13 million of interest income.
- Net cash used in operating activities was USD 882,361, while USD 345 million was deposited into the trust account following the IPO.
