Xsolla SPAC 1 posts Q1 FY26 net income of $1.1 million
Xsolla SPAC 1 Class A
Xsolla SPAC 1 Class A XSLL | 0.00 |
- Xsolla SPAC 1 posted net income of USD 1.1 million for three months ended March 31, 2026, driven by USD 1.17 million of interest income from marketable securities held in trust.
- Formation, general and administrative costs totaled USD 223,362, while change in overallotment liability contributed USD 160,600.
- Cash and investments in trust rose to USD 205.36 million as of March 31, 2026, with USD 1.74 million of cash held outside the trust.
- Initial public offering generated gross proceeds of USD 200 million from 20,000,000 units, while private placement added USD 4 million from 400,000 units; USD 204.19 million was placed into the trust account.
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. Xsolla SPAC 1 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: 0001213900-26-057947), on May 15, 2026, and is solely responsible for the information contained therein.
