Paloma Acquisition Q2 FY26 net income climbs to $1.25 million
PALO•Balance sheet items
Stock-based compensation expense was USD 1.45 million in the first half.
Trust Account marketable securities were USD 166.59 million at June 30, with USD 1.13 million of cash held outside the Trust Account.
Q2 and first-half results
Paloma Acquisition posted Q2 net income of USD 1.25 million, driven by USD 1.46 million of Trust Account interest income.
Operating costs totaled USD 260,018, partially offset by a USD 50,000 gain from changes in the over-allotment liability.
First-half net income was USD 207,058 on USD 2.09 million of interest income, offset by USD 486,006 of operating costs.
