Quarterly ResultAug 13, 2026, 04:15 PM

Soren Acquisition Q2 Net Income $2.03M; IPO Raises $253M

AI Summary

Soren Acquisition Corp. reported a net income of $2.03 million for the three months ended June 30, 2026, and $3.72 million for the six months. This performance follows the successful completion of its Initial Public Offering on January 8, 2026, which raised $253 million. The company has placed $257.25 million in a Trust Account and is actively seeking a business combination target within its 24-month window.

Key Highlights

Initial Public Offering completed on January 8, 2026, raising $253,000,000.
Cash and marketable securities in Trust Account totaled $257,247,023 as of June 30, 2026.
Net income for the three months ended June 30, 2026, was $2,034,431.
Net income for the six months ended June 30, 2026, was $3,718,630.
Total assets increased to $259,291,232 as of June 30, 2026.
Shareholders' equity improved to $1,741,594 from a deficit of $(58,209).
Basic and diluted net income per Class A share was $0.06 for the quarter.

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Soren Acquisition Corp.

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