--- title: "Apogee Acquisition Q2 net income rises to $1.13 million; investment income climbs to $1.44 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/296536741.md" description: "Apogee Acquisition reported Q2 net income of $1.13 million, driven by $1.44 million in trust investment income offset by $303,013 in expenses. For the first half of 2026, net income stood at $1.08 million. The company deposited $173.36 million into its trust while using $470,520 for operating activities. Management cited substantial doubt regarding going concern but has until July 8, 2027, to complete a business combination." datetime: "2026-08-20T21:07:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296536741.md) - [en](https://longbridge.com/en/news/296536741.md) - [zh-HK](https://longbridge.com/zh-HK/news/296536741.md) generator: "portal-rs" --- # Apogee Acquisition Q2 net income rises to $1.13 million; investment income climbs to $1.44 million - Apogee Acquisition posted net income of USD 1.13 million in the quarter ended June 30, 2026. \* Investment income on Trust holdings totaled USD 1.44 million, offset by formation and operating expenses of USD 303,013. \* For the six months ended June 30, net income was USD 1.08 million on the same USD 1.44 million of Trust investment income. \* Cash used in operating activities was USD 470,520, while USD 173.36 million was deposited into the Trust. \* Management said the company has until July 8, 2027 to complete a business combination, citing substantial doubt about going concern. 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. Apogee 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: 0001213900-26-092179), on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [AACP.US](https://longbridge.com/en/quote/AACP.US.md) ## Related News & Research - [SpareBank 1 Nordmøre sets new bond interest rate at 5.44%](https://longbridge.com/en/news/296487121.md) - [Sparebanken Øst sets new bond interest rate at 6.75%](https://longbridge.com/en/news/296487275.md) - [SalMar sets new bond interest rate at 5.9%](https://longbridge.com/en/news/296487174.md) - [SpareBank 1 Sør-Norge sets 5.35% coupon for bond rate period](https://longbridge.com/en/news/296613716.md) - [Tinde Sparebank sets new bond interest rate at 8.15%](https://longbridge.com/en/news/296487127.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**