Silver Pegasus Q2 FY26 net loss narrows to $28,267 from $22,837 year earlier
Quarterly and six-month results
- Silver Pegasus posted a net loss of USD 28,267 for the quarter ended June 30, 2026, versus a net loss of USD 22,837 a year earlier.
- Interest income from trust account marketable securities totaled USD 1.05 million, while a loss on derivative liability was USD 943,650.
- For the six months ended June 30, 2026, results swung to net income of USD 976,280 from a net loss of USD 46,399.
Balance sheet and going-concern warning
- Trust account marketable securities rose to USD 119.18 million as of June 30, 2026, with cash outside the trust at USD 159,863.
- Management flagged substantial doubt about going concern, with mandatory liquidation if no deal closes by Jan. 16, 2027.
Related News
MicroVision launches public offering of stock-and-warrant units
MVIS•
MPS director Herbert Chang disposes of 50 common shares worth $71,000
MPWR•
