FG Merger II Q1 FY26 net income falls 8.76% to $287,762

FG Merger II Corp.

FG Merger II Corp.

FGMC

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  • FG Merger II posted net income of $287,762 for the quarter ended March 31, 2026, down 8.75% from a year earlier.
  • Investment income in the trust account rose to $722,224, while general and administrative expenses climbed to $273,298.
  • Income tax expense increased to $161,164.
  • Cash on hand totaled $243,235 as of March 31, 2026, with $80.8 million held in the trust account and invested in a U.S. Treasury-focused money market fund.
  • Boxable merger agreement end date was extended to July 31, 2026, following an April 6, 2026 amendment; merger consideration is set at $3.5 billion with no minimum cash condition.


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