Vine Hill Capital (VHCP) earns $3.3M on $234M SPAC trust in latest quarter

Vine Hill Capital Investment Corp. II (VHCP), a SPAC, reported a net income of $3.26 million for the six months ended June 30, 2026, primarily from interest earned on its $234.3 million trust account. The company's total assets stand at $236.6 million, and it continues to search for a suitable business combination, which must be completed by December 19, 2027. VHCP has 23 million Class A shares subject to redemption and 13.17 million outstanding warrants.