Talon Capital Corp. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 14, 2026, covering the quarter ended June 30, 2026.

Key Highlights

  • Trust Account Balance: Cash held in the Trust Account totaled $256,465,859 as of June 30, 2026, up from $252,095,639 at December 31, 2025, according to the filing.
  • Net Income: The company reported net income of $1,322,627 for the three months ended June 30, 2026, and net income of $3,293,844 for the six months ended June 30, 2026.
  • Interest Earned: Interest earned on cash held in the Trust Account was $2,332,532 for the three months ended June 30, 2026, and $4,646,556 for the six months ended June 30, 2026.
  • Shares Outstanding: As of August 14, 2026, there were 25,679,000 Class A ordinary shares and 8,300,000 Class B ordinary shares issued and outstanding.
  • Redemption Value: The 24,900,000 Class A ordinary shares subject to possible redemption carried a redemption value of $10.30 per share as of June 30, 2026, compared to $10.12 per share at December 31, 2025.
  • Shareholders' Deficit: Total shareholders' deficit was $(8,361,192) as of June 30, 2026, compared to $(7,240,808) at December 31, 2025.
  • Shell Company Status: The registrant indicated it is a shell company as defined in Rule 12b-2 of the Exchange Act.

Talon Capital Corp. Q2 2026 Financial Results and Trust Account Activity

Talon Capital Corp. (NASDAQ:TLNC), a Cayman Islands-incorporated special purpose acquisition company headquartered in Houston, Texas, disclosed its unaudited financial results for the quarter ended June 30, 2026. According to the filing, total assets stood at $259,010,121 as of June 30, 2026, with the majority held in the Trust Account at $256,465,859. General and administrative costs for the six months ended June 30, 2026 were $1,352,712, compared to $37,257 for the period from May 1, 2025 (inception) through June 30, 2025.

The company reported a loss from operations of $(1,352,712) for the six months ended June 30, 2026, which was offset by $4,646,556 in interest earned on cash held in the Trust Account, resulting in net income of $3,293,844 for the period. For the three months ended June 30, 2026 alone, net income was $1,322,627. Basic and diluted net income per share for both Class A and Class B ordinary shares was $0.04 for the three months ended June 30, 2026, and $0.10 for the six months ended June 30, 2026, the filing stated.

The filing also disclosed that current liabilities increased to $744,103 as of June 30, 2026, from $128,702 at December 31, 2025, driven primarily by an increase in accounts payable and accrued expenses to $669,103 from $53,702. A deferred underwriting fee of $10,200,000 remained unchanged. The accumulated deficit grew to $(8,362,100) from $(7,241,716) at December 31, 2025, reflecting accretion for Class A ordinary shares to redemption amount totaling $4,414,228 for the six-month period, according to the filing.

What Was Disclosed

Talon Capital Corp. disclosed its unaudited condensed balance sheets, statements of operations, statements of changes in shareholders' deficit, and statements of cash flows for the quarter and six months ended June 30, 2026, along with accompanying notes and management's discussion and analysis.