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Harvard Ave Acquisition swings to Q2 net income of $1.06 million
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Harvard Ave Acquisition swings to Q2 net income of $1.06 million
  • Harvard Ave Acquisition posted net income of $1.06 million for the quarter ended June 30, 2026, swinging from a net loss of $42,348 a year earlier.
  • Interest income on trust investments totaled $1.31 million, offset by formation and operating costs of $247,629.
  • For the six months, net income was $2.2 million, reversing a net loss of $64,170 in the prior-year period.
  • Cash and investments held in the trust account stood at $148.61 million as of June 30, 2026.
  • Harvard Ave flagged substantial doubt about its ability to continue as a going concern within one year without completing a business combination.


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. Harvard Ave Acquisition Corporation 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: 0001213900-26-082816), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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