Vendome Acquisition posts Q1 net income of $1.6 million
Vendome Acquisition Corporation I Class A VNME | 0.00 |
- Vendome Acquisition posted net income of USD 1.6 million for the three months ended March 31, 2026, driven by USD 1.77 million of investment income from Trust Account holdings.
- Formation and operating expenses totaled USD 167,382 during the quarter.
- Investments held in the Trust Account rose to USD 205.6 million as of March 31, 2026, while cash in operating bank account was USD 408,087.
- Operating cash outflow was USD 126,489, while cash provided by investing activities was USD 200,000 from a Trust withdrawal for working capital.
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