Wen Acquisition Q2 FY26 net income rises to $2.59 million - WENN News | RalliesWen Acquisition Q2 FY26 net income rises to $2.59 million
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WENN• Q2 FY26 results and trust account income
- Wen Acquisition posted Q2 net income of $2.59 million, up from $1.17 million a year earlier.
- Interest income from the trust account rose to $2.75 million from $1.4 million.
- General and administrative costs fell to $160,976 from $228,973.
- Trust assets climbed to about $313.25 million at June 30, 2026, including about $13.1 million of interest income.
- Management flagged substantial doubt about going concern, with a May 19, 2027 deadline to complete a business combination.
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