Quarterly ResultMay 14, 2026, 05:22 PM
Cantor Equity Partners V Q1 Net Income $2.18M
AI Summary
Cantor Equity Partners V, Inc. reported a net income of $2.18 million for the three months ended March 31, 2026, a significant improvement from a net loss of $459 in the prior year period. This income was primarily driven by $2.32 million in interest earned on investments held in its Trust Account. As a Special Purpose Acquisition Company (SPAC), the company has not yet commenced operations and is actively seeking a business combination.
Key Highlights
- Net income for Q1 2026 was $2,175,581, compared to a net loss of $459 in Q1 2025.
- Interest income from Trust Account investments totaled $2,319,217 for Q1 2026.
- Cash balance was $25,000 as of March 31, 2026, down from $169,132 at December 31, 2025.
- Total assets increased to $254,061,982 as of March 31, 2026, from $251,996,009.
- Available-for-sale debt securities in Trust Account were $253,766,587 as of March 31, 2026.
- Class A ordinary shares subject to redemption were valued at $253,766,677 ($10.15 per share).
- Working capital was approximately $97,000 as of March 31, 2026.
- The company drew approximately $19,000 from the Sponsor Loan as of March 31, 2026.