EPS: As of FY2025 Q1, the actual value is USD -0.05.

Segment Revenue

• The company has not commenced any operations and therefore has not generated any operating revenue as of March 31, 2025.

Operational Metrics

• Net loss for the three months ended March 31, 2025, was $476,300, compared to a net income of $1,979,098 for the same period in 2024.
• General and administrative expenses were $172,492 for the three months ended March 31, 2025, compared to $250,293 for the same period in 2024.

Cash Flow

• Net cash used in operating activities was $233,605 for the three months ended March 31, 2025, compared to $300,907 for the same period in 2024.
• Cash and investments held in the Trust Account were $25,821,677 as of March 31, 2025.

Unique Metrics

• The company had a working capital deficit of approximately $1.3 million as of March 31, 2025.

Future Outlook and Strategy

• The company plans to complete an initial Business Combination prior to the mandatory liquidation date of October 17, 2025, and expects to receive financing from the Sponsor or affiliates to meet its obligations through the time of liquidation or completion of the Business Combination.
• There is no financing currently committed, and there is no assurance that the company’s plans to consummate the initial Business Combination will be successful within the Combination Period.