Quarterly ResultMay 11, 2026, 04:47 PM
Abony Acquisition Q1 Net Income $546K; Trust Account $230.8M
AI Summary
Abony Acquisition Corp. I reported a net income of $546,079 for the three months ended March 31, 2026, primarily due to interest earned on its Trust Account investments. The company successfully completed its Initial Public Offering on February 20, 2026, raising $230 million, and simultaneously sold 695,000 Private Placement Units for $6.95 million. As of March 31, 2026, the Trust Account held $230,828,386, and the company had a cash balance of $1,324,398.
Key Highlights
- Completed Initial Public Offering on February 20, 2026, raising $230,000,000.
- Sold 695,000 Private Placement Units for gross proceeds of $6,950,000.
- Net income for the three months ended March 31, 2026, was $546,079.
- Basic and diluted net income per share for Class A and Class B ordinary shares was $0.03.
- Interest earned on investments held in Trust Account totaled $828,386.
- Investments held in Trust Account reached $230,828,386 as of March 31, 2026.
- Cash balance at March 31, 2026, was $1,324,398.
- Total assets were $232,349,324 and total liabilities were $8,242,214 as of March 31, 2026.