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Fifth Era Acquisition Q1 FY26 net income rises to $1.29 million from Q1 FY25 $621,591

PUBT·05/15/2026 20:04:47
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Fifth Era Acquisition Q1 FY26 net income rises to $1.29 million from Q1 FY25 $621,591
  • Fifth Era Acquisition posted net income of USD 1.29 million for the quarter ended March 31, 2026, up from USD 621,591 a year earlier.
  • Interest income on marketable securities held in trust rose to USD 2.09 million from USD 740,877, while operating costs climbed to USD 799,742 from USD 119,286.
  • Marketable securities held in the Trust Account totaled USD 239.95 million as of March 31, 2026, while cash was USD 370,084 and working capital deficit widened to USD 3.18 million.
  • Company entered Miotal Business Combination Agreement on April 7, 2026, while board changes included Donald H. Putnam joining as director and Christopher Nelson replacing Christopher Linn as chief financial officer.


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. Fifth Era Acquisition Corp. I 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: 0001213900-26-057685), on May 15, 2026, and is solely responsible for the information contained therein.