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Real Asset Acquisition swings to Q1 net income of $1.22 million

PUBT·05/15/2026 20:24:35
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Real Asset Acquisition swings to Q1 net income of $1.22 million
  • Real Asset Acquisition posted net income of USD 1.22 million for the three months ended March 31, 2026, turning from a net loss of USD 52,849 a year earlier.
  • Investment earnings on marketable securities in the Trust Account totaled USD 1.46 million, while general and administrative expenses climbed to USD 248,185.
  • Net cash used in operating activities was USD 239,343.
  • Company highlighted a pending business combination with IQM Finland, signed Feb. 22, 2026, with closing expected in third-quarter 2026 and funding expected from Trust Account proceeds and a USD 134 million PIPE.


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. Real Asset 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: 0001213900-26-057762), on May 15, 2026, and is solely responsible for the information contained therein.