Snow Rothschild Acquisition posted a net loss of $6.52 million for the quarter ended June 30, 2026.
Formation, general and administrative costs totaled $6.93 million, offset partly by $409,073 of trust-account interest income.
Trust Account investments stood at $226.41 million at June 30, 2026, with $1.24 million of cash outside the trust.
IPO and over-allotment proceeds put $226 million into the Trust Account; the IPO raised $200 million, with $26 million from option units.
Deferred underwriting fee payable was $6.78 million, matching an advisory fee payable to Santander of $6.78 million, both due at a business combination.