Soren Acquisition Q2 net income rises to $2.03 million
SORN•Second-quarter results
Soren Acquisition posted Q2 net income of $2.03 million, driven by $2.26 million of Trust Account interest income.
Operating costs totaled $225,219 for the quarter.
First-half performance and balance sheet
First-half net income rose to $3.72 million, reflecting $4.25 million of interest income offset by $528,393 of operating costs.
Trust Account investments stood at $257.25 million as of June 30, 2026; cash outside the Trust Account was $1.8 million.
The SPAC reiterated it has until Jan. 8, 2028 to complete a business combination.
