---
title: "COLLECTIVE ACQUISITION CORP. Q2 2026: Net income $360K, EPS $0.02— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295279077.md"
description: "Collective Acquisition Corp. reported Q2 2026 net income of $360K and diluted EPS of $0.02, down from the prior year's $761K and $0.05. The decline was driven by higher general and administrative expenses offsetting trust account interest income. As a blank-check SPAC, it has no operating revenues. Shareholders approved a deal extension to August 2027, and a new CFO was appointed."
datetime: "2026-08-07T21:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295279077.md)
  - [en](https://longbridge.com/en/news/295279077.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295279077.md)
generator: "portal-rs"
---

# COLLECTIVE ACQUISITION CORP. Q2 2026: Net income $360K, EPS $0.02— 10-Q Summary

COLLECTIVE ACQUISITION CORP. reported a Q2 2026 net income of $360K and diluted EPS of $0.02, down from $761K and $0.05, respectively, in the year-ago quarter as interest income from the Trust Account offset higher general and administrative expenses.

**Financial Highlights**

-   Net income was $360K for Q2 2026, down from $761K in Q2 2025.
-   Diluted earnings per share was $0.02 for Q2 2026, compared with $0.05 in Q2 2025.
-   Company attributed positive net results primarily to interest income from the Trust Account; higher G&A in Q2 2026 increased expenses versus the year-ago quarter.

**Business Highlights**

-   Blank-check SPAC focused on pursuing an initial Business Combination; no operating revenues are expected until a deal closes.
-   Activities during the quarter centered on target identification, due diligence, IPO preparation and organizational matters, funded by trust interest and sponsor loans.
-   Shareholders approved a one-year extension to complete a Business Combination to August 8, 2027.
-   Management transition: the CFO resigned and a new CFO was appointed effective July 17, 2026 to support the combination process.
-   Noted that new 2024 SEC SPAC rules may lengthen deal timelines and increase disclosure and compliance requirements for completing a Business Combination.

Original SEC Filing: COLLECTIVE ACQUISITION CORP. \[ CCAQ \] - 10-Q - Aug. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**