Jackson Acquisition Q1 FY26 net income falls to $1.97 million
Jackson Acquisition Co. II Class A JACS | 0.00 |
- Jackson Acquisition Company II posted net income of USD 1.97 million for the quarter ended March 31, 2026, down from USD 2.23 million a year earlier.
- Interest income on marketable securities in the trust account slipped to USD 2.14 million from USD 2.43 million, while general and administrative expenses totaled USD 168,272.
- Marketable securities held in the trust account rose to USD 244.68 million at March 31, 2026, with cash outside the trust account at USD 393,467.
- Net cash used in operating activities narrowed to USD 128,309 from USD 193,398, while no working capital loans were outstanding.
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