Plutonian Acquisition Corp. II swings to Q1 FY26 net income of $221,677

PLUN•2026-07-15

Cash, trust account and going-concern warning

Cash totaled USD 492,564 at May 31, 2026, with working capital of USD 474,053.

The SPAC held USD 108.04 million in its trust account, with a deadline of April 29, 2027 to complete an initial business combination.

Management flagged substantial doubt about its ability to continue as a going concern for one year from issuance of the financial statements.

Quarterly results improve on higher interest income

Plutonian Acquisition Corp. II posted net income of USD 221,677 for the three months ended May 31, 2026, swinging from a net loss of USD 45,424 a year earlier.

Interest income rose to USD 327,695, while general and administrative expenses increased to USD 106,018.

Sources

Plutonian Acquisition Corp. II swings to Q1 FY26 net income of $221,677

Sec

Plutonian Acquisition Corp. II swings to Q1 FY26 net income of $221,677

Cash, trust account and going-concern warning

Quarterly results improve on higher interest income

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Sources

Plutonian Acquisition Corp. II swings to Q1 FY26 net income of $221,677

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