Lahore, August 25, 2026: LSE SPAC-II Limited has approved its financial results for the period ended June 30, 2026, reporting a loss of Rs5.51 million as the company continues its early-stage operations.
The company’s Board of Directors approved the financial results at a meeting held on August 25, 2026, at 10:30 a.m. The company reported no cash dividend, bonus shares, or right shares for the period.
Rs5.51 Million Loss Recorded
According to the financial statements, LSE SPAC-II recorded administrative and general expenses of Rs5.514 million during the period from March 3, 2026, to June 30, 2026. With no revenue reported, the company posted a loss before and after taxation of Rs5.514 million. Earnings per share stood at a basic and diluted loss of Rs16.77.
The statement of financial position shows total assets of approximately Rs24.62 million as of June 30, 2026, consisting of cash and bank balances. The company reported issued and paid-up share capital of Rs10 million, share deposit money of Rs20 million, and an accumulated loss of approximately Rs5.51 million. Current liabilities stood at Rs131,250. The figures indicate total equity and liabilities of Rs24.62 million.
Cash Position Remains Positive
The company’s cash flow statement shows that Rs5.38 million was used in operating activities during the reporting period. Meanwhile, financing activities generated Rs30 million through share deposit money. After these movements, LSE SPAC-II reported cash and cash equivalents of Rs24.62 million at June 30, 2026.
The financial statements therefore show that while the company incurred losses during its initial operating period, it retained a significant cash balance at the end of the financial year.
Annual General Meeting Set for September 19
LSE SPAC-II has scheduled its Annual General Meeting (AGM) for September 19, 2026, at 9:30 a.m. The meeting will take place at the registered office of the company in the Auditorium of Exchange Plaza, 19-Khayaban-e-Aiwan-e-Iqbal, Lahore.
The company has also announced that its share transfer books will remain closed from September 13 through September 19, 2026, both days inclusive. Transfers received by the company’s share registrar by the close of business on September 11 will be considered for determining eligibility to attend the AGM.
Annual Report to Be Made Available
The company said its Annual Report for the financial year ended June 30, 2026, will be transmitted through PUCARS separately and uploaded to the company’s website within the specified timeframe. Shareholders will also be able to access the report through a QR code to be circulated with the AGM notice and newspapers.
Overall, LSE SPAC-II’s first reported period reflects the costs associated with establishing and operating the company, alongside a cash position supported by share-related funding. Investors will likely focus on the company’s next steps and developments surrounding its AGM and future SPAC activities.
