Quarterly ResultMay 14, 2026, 05:32 PM
FG Imperii Q1 Net Income $1.4M; Trust Account $229M
AI Summary
FG Imperii Acquisition Corp., a blank check company, reported a net income of $1.398 million for the three months ended March 31, 2026, primarily driven by investment income from its trust account. The company successfully completed its Initial Public Offering (IPO) in January 2026, raising $200 million, with an additional $27.5 million from the over-allotment option. As of March 31, 2026, the investment held in the trust account had grown to $229.048 million.
Key Highlights
- Net income for Q1 2026 was $1,398,394.
- Investment held in trust account reached $229,048,269 as of March 31, 2026.
- Cash balance stood at $897,989 at the end of the quarter.
- Basic income per redeemable share was $0.10.
- Diluted income per redeemable share was $0.06.
- IPO generated gross proceeds of $200,000,000 in January 2026.
- Over-allotment option exercised for an additional $27,500,000.
- Total of $227,500,000 from IPO proceeds placed in trust account.