Stonebridge Acquisition II Q1 FY26 net income rises to $387,601 from $20 year earlier
StoneBridge Acquisition II Corporation Class A APAC | 0.00 |
- Stonebridge Acquisition II posted net income of USD 387,601 for quarter ended March 31, 2026, swinging from USD 20 a year earlier as it continued to generate no revenue.
- General and administrative expenses totaled USD 126,942, while interest and dividend income from funds held in trust drove results.
- Assets held in trust rose to USD 58.56 million as of March 31, 2026, while cash outside the trust stood at USD 329,698.
- Company kept its timeline to complete an initial business combination by April 1, 2027, with up to two three-month extensions available to Oct. 1, 2027.
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. Stonebridge Acquisition II Corporation 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: 0001829126-26-005284), on May 15, 2026, and is solely responsible for the information contained therein.
