Praetorian Acquisition Q2 net income rises to USD 1.01 million; interest income climbs to USD 2.27 million - PTOR News | RalliesPraetorian Acquisition Q2 net income rises to USD 1.01 million; interest income climbs to USD 2.27 million
P
PTOR• Q2 and half-year results
- Praetorian Acquisition posted net income of USD 1.01 million for the three months ended June 30, 2026.
- Interest income from trust-held marketable securities totaled USD 2.27 million, offset by general and administrative costs of USD 1.26 million.
- Net income was USD 2.08 million for the six months ended June 30, 2026, on USD 3.72 million of interest income and USD 1.64 million of overhead.
- Marketable securities in the trust account stood at USD 256.72 million at June 30, 2026; cash and cash equivalents were USD 1.79 million.
- Management said substantial doubt exists about going concern if no business combination closes by Jan. 26, 2028, triggering liquidation.
KRC
•
