Siddhi Acquisition swung to net income of USD 2.5 million for the quarter ended June 30, 2026, from a net loss of USD 5.61 million.
Interest earned on Trust Account investments fell to USD 2.68 million from USD 2.87 million, while general and administrative costs dropped to USD 181,268 from USD 8.47 million.
For the six months ended June 30, it returned to net income of USD 4.74 million from a net loss of USD 5.65 million.
Trust Account investments rose to USD 291.12 million as of June 30, 2026, including about USD 13.74 million of interest income.
Management flagged substantial doubt about going-concern status tied to a potential liquidity shortfall and mandatory liquidation if no deal closes by Jan. 2, 2027.
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