Launchpad Cadenza Acquisition net income rises to $1.82 million in Q2 FY26
Reuters2026/08/13 10:06- Launchpad Cadenza Acquisition posted net income of USD 1.82 million for the quarter ended June 30, 2026.
- Interest income from Trust Account investments totaled USD 2.06 million, while general and administrative expense was USD 233,094.
- Six-month net income rose to USD 3.55 million, driven by USD 4.09 million of Trust Account interest income.
- Trust Account marketable securities climbed to USD 234.32 million, including about USD 4.32 million of accumulated interest income.
- Board appointed Sheldon Sussman as director and audit committee chair effective April 14, 2026, replacing Jonathan Bier as chair.
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