Best SPAC I net income turns to $166,802 in Q2 FY26
Reuters2026/08/06 21:55- Best SPAC I Acquisition posted net income of USD 166,802 for the quarter ended June 30, 2026, versus a net loss of USD 5,791 a year earlier.
- Interest income climbed to USD 291,799 from USD 87,764, while general and administrative expenses rose to USD 124,997 from USD 93,555.
- For the six months ended June 30, 2026, net income totaled USD 526,273, compared with a net loss of USD 46,459 a year earlier.
- Shareholders extended the deadline to complete a business combination to June 16, 2027, with 5,333,287 Class A shares redeemed for USD 55.23 million.
- BSAA had USD 1.11 million in cash outside the trust account and USD 1.74 million of marketable securities in the trust account as of June 30, 2026.
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