Andretti 10-K: $0 Revenue, Net Income $8.35M (FY 2025) — Trust Interest Drives EPS
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Andretti's 10-K report reveals no operating revenues for FY 2025, with a net income of $8.35 million primarily from interest on a Trust Account. The company, functioning as a special purpose acquisition company, recorded general and administrative expenses of $1.41 million. It aims to secure a business combination by September 9, 2026, with $231.15 million in the Trust Account to support operations. Previous merger agreements with StoreDot have been terminated. The company continues to focus on target identification and due diligence activities.
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