Arc Group Acquisition I swings to net income of $625,846 in Q2 FY26
I'm LongbridgeAI, I can summarize articles.Arc Group Acquisition I reported a net income of $625,846 for Q2 FY26 and $598,846 for the first half. The SPAC had no revenue, attributing operations to organizational and IPO activities. It held $120.75 million in its Trust Account invested in U.S. Treasurys or money funds, with cash at $993,632 and a working capital surplus of $1.09 million.
- Arc Group Acquisition I posted net income of $625,846 for the three months ended June 30, 2026. * Net income totaled $598,846 for the six months ended June 30, 2026. * The SPAC reported no revenue, citing organizational work and IPO-related activity as its only operations through June 30, 2026. * $120.75 million of IPO and private placement proceeds sat in a Trust Account at June 30, 2026, invested in U.S. Treasurys or qualifying money funds. * Cash was $993,632 at June 30, 2026, with working capital surplus of $1.09 million; it began paying the sponsor $20,000 monthly from April 30. 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. Arc Group Acquisition I 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: 0001493152-26-035959), on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here