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Vernal Capital Acquisition swings to FY26 Q2 net income of USD 612,215

PUBT·09/10/2026 20:32:23
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Vernal Capital Acquisition swings to FY26 Q2 net income of USD 612,215
  • Vernal Capital Acquisition posted net income of $612,215 for the three months ended July 31, 2026.
  • Interest income totaled $837,298, including $832,568 from Trust Account investments.
  • Operating loss came in at $225,083, reflecting ongoing costs tied to formation, the IPO, and target evaluation.
  • Cash was $669,644, with working capital of $721,720; Trust Account cash and investments stood at $101.33 million.
  • Management flagged substantial doubt about going concern as the SPAC must complete a deal by Aug. 7, 2027.


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. Vernal 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: 0001213900-26-098818), on September 10, 2026, and is solely responsible for the information contained therein.