Crown Reserve Acquisition swings to Q2 FY26 profit of $1.35 million; six-month FY26 net income slips to $1.09 million
Reuters2026/08/12 20:45Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Crown Reserve Acquisition posted Q2 net income of $1.35 million, driven by $1.55 million in Trust Account dividends.
- General and administrative costs were $53,125; professional fees were $25,000; warrant liability fair-value loss totaled $116,477.
- First-half net income was $1.09 million on $3.07 million in Trust Account dividends, offset by a $1.72 million warrant liability loss.
- Trust Account investments stood at $176.48 million at June 30, with no cash held outside the Trust Account.
- Business Combination Agreement with Carvix targets a deal by Sept. 30, 2026; completion deadline extends to Feb. 10, 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Reserve Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-088416), on August 12, 2026, and is solely responsible for the information contained therein.
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