EPS: As of FY2025 Q1, the actual value is USD 0.15.

Segment Revenue

• Class A Ordinary Shares Subject to Possible Redemption: 797,932 shares at a redemption value of $9,388,700 as of March 31, 2025, compared to 7,259,615 shares at $82,604,083 as of December 31, 2024.

Operational Metrics

• Net Income: $66,653 for the three months ended March 31, 2025, compared to $575,856 for the same period in 2024.
• Loss from Operations: -$281,272 for the three months ended March 31, 2025, compared to -$631,775 for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: -$134,277 for the three months ended March 31, 2025, compared to $848,561 provided by operating activities for the same period in 2024.
• Net Cash Provided by Investing Activities: $73,215,383 for the three months ended March 31, 2025, compared to $74,569,326 for the same period in 2024.
• Net Cash Used in Financing Activities: -$73,075,170 for the three months ended March 31, 2025, compared to -$75,771,158 for the same period in 2024.

Unique Metrics

• Gain on Extinguishment of Liability: $113,136 for the three months ended March 31, 2025.
• Dividend Income on Marketable Securities Held in Trust Account: $234,788 for the three months ended March 31, 2025, compared to $1,201,832 for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to complete an initial business combination with Gadfin Ltd., a technology company specializing in hydrogen-powered drones, with an expected equity value of $200,000,000 in aggregate consideration in the form of NewPubco Ordinary Shares.
• Non-Core Business: The company has extended the date to complete an initial business combination up to January 18, 2026, with monthly extensions requiring a deposit into the Trust Account.