Perimeter Acquisition Q1 FY26 net income $1.48 million on no revenue

Perimeter Acquisition Corp. I Class A

Perimeter Acquisition Corp. I Class A

PMTR

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  • Perimeter Acquisition Corp. I posted net income of $1.48 million for the quarter ended March 31, 2026, as interest income from cash held in the Trust Account totaled $2.15 million.
  • Operating costs were $668,269, while cash used in operating activities was $259,504.
  • Cash held in the Trust Account stood at $249.9 million, with $503,428 held outside the Trust Account for deal-related expenses.
  • An unsecured promissory note to Gamma Securities remained outstanding at $483,000, with management flagging substantial doubt about going-concern status tied to liquidity and a May 14, 2027 business-combination deadline.


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