---
title: "Collective Acquisition Q2 FY26 net income drops 52.7% to $359,974"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295279026.md"
description: "Collective Acquisition reported a 52.7% year-over-year drop in Q2 FY26 net income to $359,974. While first-half net income rose 50.73% to $1.07 million, the company faced increased general and administrative costs of $960,759. Trust account interest income reached $1.32 million, with marketable securities totaling $150.53 million. Additionally, CFO Elliot Richmond was replaced by Maximilian Staedtler, and the sponsor drew $200,000 from a $500,000 promissory note."
datetime: "2026-08-07T21:13:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295279026.md)
  - [en](https://longbridge.com/en/news/295279026.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295279026.md)
generator: "portal-rs"
---

# Collective Acquisition Q2 FY26 net income drops 52.7% to $359,974

-   Collective Acquisition posts Q2 net income of USD 359,974, down 52.70% from a year earlier. \* Interest income in the trust account rises to USD 1.32 million, while general and administrative costs jump to USD 960,759. \* First-half net income climbs to USD 1.07 million, up 50.73% year over year. \* Trust account marketable securities total USD 150.53 million at June 30, 2026; operating cash is USD 43,642 with a working capital deficit of USD 137,626. \* Sponsor signs a non-interest-bearing promissory note for up to USD 500,000; USD 200,000 drawn, and Maximilian Staedtler replaces Elliot Richmond as CFO. 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. Collective Acquisition 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: 0001213900-26-086790), on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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