Quetta posted net income of USD 884,904 for the quarter ended June 30, 2026, swinging from a net loss of USD 607,950.
Interest earned in the trust account slipped to USD 173,286 from USD 192,365.
Results included a USD 1.04 million gain on forgiveness of a promissory note; formation and operating costs fell to USD 191,749 from USD 723,999.
Cash and investments in the trust account totaled USD 19.85 million as of June 30, 2026; working capital deficit narrowed to USD 2.38 million.
Quetta extended its deal deadline to Sept. 10, 2026 with USD 120,000 in July and August trust deposits; it is pursuing a business combination with Smart Kreate Group.
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