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Cactus Acquisition Q1 FY26 net loss widens to $168,000; trust interest income drops to $6,000

PUBT·08/28/2026 21:26:15
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Cactus Acquisition Q1 FY26 net loss widens to $168,000; trust interest income drops to $6,000
  • Cactus Acquisition posted a net loss of $168,000 for the quarter ended March 31, 2026, widening from $78,000.
  • Interest income on Trust Account investments dropped 93.68% to $6,000, reflecting reduced trust balances following redemptions.
  • Operating expenses slipped 11.19% to $127,000, while financial expenses climbed 56.67% to $47,000 on higher promissory-note funding.
  • Cash was $15,000 at March 31, 2026; working capital deficit totaled $3.14 million, raising going-concern uncertainty ahead of liquidation deadline.
  • Tembo deal advanced with a confidential Form F-4 filed Dec. 29, 2025; amended resubmission targeted in 2H 2026 ahead of Nov. 2, 2026 deadline.


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. Cactus Acquisition Corp. 1 Ltd. 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: 0001493152-26-040661), on August 28, 2026, and is solely responsible for the information contained therein.