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Soren Acquisition Q1 net income rises to $1.68 million

PUBT·05/14/2026 21:12:03
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Soren Acquisition Q1 net income rises to $1.68 million
  • Soren Acquisition posted net income of USD 1.68 million for the three months ended March 31, 2026, reflecting interest income of USD 1.99 million offset by operating costs of USD 303,174.
  • Investment held in the Trust Account totaled USD 254.99 million as of March 31, 2026, consisting of U.S. Treasury bills with maturities of 185 days or less.
  • Cash on hand outside the Trust Account was USD 1.98 million, while cash used in operating activities was USD 527,288.
  • Management said it expects to keep incurring significant costs as it pursues an initial business combination, with a deadline of Jan. 8, 2028 to complete a deal.


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. Soren 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: 0001213900-26-056813), on May 14, 2026, and is solely responsible for the information contained therein.