Karbon Capital swings to Q2 FY26 net income of $1.39 million
Reuters2026/08/13 20:50Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Karbon Capital Partners posted GAAP net income of USD 1.39 million for the three months ended June 30, 2026.
- Interest income from marketable securities in the trust account totaled USD 3.11 million, offset by USD 1.34 million in share-based compensation.
- GAAP net income was USD 4.18 million for the six months ended June 30, 2026, driven by USD 6.18 million of trust-account interest.
- Cash outside the trust account was USD 418,044 at June 30, 2026, with working capital of USD 203,684.
- Trust account held USD 345 million from IPO and private placement proceeds, invested in short-dated U.S. Treasuries or qualifying money market funds.
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. Karbon Capital Partners Corp. 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: 0001193125-26-349414), on August 13, 2026, and is solely responsible for the information contained therein.
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