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Silicon Valley Acquisition Q1 FY26 net income totals $1.67 million

PUBT·05/15/2026 20:27:02
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Silicon Valley Acquisition Q1 FY26 net income totals $1.67 million
  • Silicon Valley Acquisition posted net income of USD 1.67 million for the three months ended March 31, 2026, reflecting interest earned on investments held in the trust account of USD 1.94 million.
  • General and administrative costs totaled USD 374,117, partly offset by a USD 95,150 unrealized gain from fair value changes of the overallotment liability.
  • Investment held in the trust account rose to USD 217.06 million as of March 31, 2026, while cash and cash equivalents outside the trust account were USD 1.42 million.
  • Net cash used in operating activities was USD 145,073 during the quarter.


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. Silicon Valley 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: 0001213900-26-057805), on May 15, 2026, and is solely responsible for the information contained therein.