-+ 0.00%
-+ 0.00%
-+ 0.00%

FIGX net income swings to $1.22 million in Q1 FY26

PUBT·05/05/2026 20:24:04
Listen to the news
FIGX net income swings to $1.22 million in Q1 FY26
  • FIGX Capital Acquisition posted net income of USD 1.22 million for the three months ended March 31, 2026, driven by interest income of USD 1.38 million and partly offset by formation and general and administrative costs of USD 156,314.
  • Trust account holdings rose to about USD 155.09 million as of March 31, 2026, including USD 1.38 million of interest income, invested in U.S. Treasury bills with maturities of 185 days or less.
  • Cash held outside the trust totaled about USD 858,098, while cash used in operating activities was USD 47,043 during the quarter.
  • Management said it has until June 30, 2027 to complete a business combination and continues to focus its target search on differentiated private wealth and asset managers.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FIGX Capital Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-052181), on May 05, 2026, and is solely responsible for the information contained therein.