Pyrophyte Acquisition II Q2 FY26 net income rises to $1.5 million; H1 FY26 net income climbs to $3 million
PAII•Quarterly and half-year results
Pyrophyte Acquisition Corp. II posted GAAP net income of $1.5 million for the quarter ended June 30, 2026.
Trust Account interest totaled $1.82 million, offset by general and administrative expenses of $324,087.
GAAP net income rose to $2.96 million for the six months ended June 30, 2026, on $3.62 million of Trust Account interest.
Cash position and business combination search
Cash was $1,136 as of June 30, 2026; the company continues searching for an initial business combination target.
Administrative services fees ran $35,000 per month; $210,000 was paid in the first half, with $715,532 paid to date.
