Stock Titan Deals and strategy
LightWave Acquisition (LWAC) logs $3.4M income but flags going concern risk
LightWave Acquisition Corp. (LWAC), a Cayman Islands SPAC, reported a net income of $3.39 million for the first half of 2026, primarily from earnings on its Trust Account investments. Despite this income, the company flagged substantial doubt about its ability to continue as a going concern due to ongoing costs, limited working capital outside the Trust Account, and …