UY Scuti Acquisition net income falls to $164,865 in Q2 FY26
Reuters2026/08/13 20:28- UY Scuti Acquisition posted Q2 net income of $164,865, down 50.35% year over year.
- Interest income from Trust Account investments fell 46.55% to $302,840; operating costs dropped 41.15% to $137,975.
- Cash outside the Trust Account totaled $8,807; working capital deficit widened to $1.64 million as of June 30, 2026.
- Trust Account held about $34.39 million after 2,437,288 shares were redeemed at roughly $10.38 each.
- SPAC extended its deal deadline to Oct. 1, 2026 after a $450,000 Trust deposit, with a further extension window through April 1, 2027.
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