OTG Acquisition Q2 FY26 net income rises to $1.73 million - OTGA News | RalliesOTG Acquisition Q2 FY26 net income rises to $1.73 million
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OTGA• Q2 and first-half results
- OTG Acquisition posted Q2 net income of $1.73 million, driven by $1.92 million of interest in its Trust Account.
- General and administrative costs totaled $194,947 for the quarter.
- First-half net income rose to $3.43 million, reflecting $3.91 million of Trust Account interest.
Trust Account and liquidity
- Cash and marketable securities in the Trust Account climbed to $237.58 million as of June 30, 2026.
- Liquidity outside the Trust Account stood at $348,766, with a going-concern warning tied to the timeline to complete a business combination.