$MEVO

M Evo Global Acquisition Corp II (MEVO) reported its first quarter as a public blank check company after a $300 million IPO on Feb. 2, 2026. As of June 30, 2026, it held $300 million plus interest in trust, including $304.34 million invested in a government money market fund, and $10.14 redemption value per Class A share. Q2 net income was $2.57 million; six-month net loss was $4.43 million, mainly from $8.47 million non-cash founder compensation.

M Evo Global Acquisition Corp II Units (NASDAQ:MEVOU) saw a sharp drop in short interest in May, falling to 5 shares as of May 15 from 307 shares on April 30, a 98.4% decline, according to the update. The stock rose 1.8% to $10.28 on Wednesday.