UY Scuti Acquisition FY26 net income turns to USD 783,344

UY Scuti Acquisition posted net income of $783,344 for fiscal 2026, swinging from a net loss of $156,520 a year earlier.

Interest income from trust investments totaled $2.2 million, offset by operating costs of $1.41 million.

Cash outside the trust account was $8,846 as of March 31, 2026, with a working capital deficit of $1.05 million.

The SPAC agreed to merge with Isdera Group in a deal valuing the target at $1 billion, paid in newly issued shares priced at $10.

Shareholders approved extending the deal deadline to as late as April 1, 2027; $34.39 million remained in trust after $25.3 million of redemptions.