Pioneer Acquisition I FY26 Q2 net income rises to $2.13 million
PACH•Balance sheet and going-concern status
The Trust Account balance rose to $262.91 million as of June 30, 2026.
Cash totaled $468,670 with working capital of $255,713, while management flagged substantial doubt about going-concern status.
Quarterly net income and interest income
Pioneer Acquisition I posted net income of $2.13 million for the quarter ended June 30, 2026.
Profit mainly reflected net interest income of $2.31 million, partly offset by general and administrative costs.
