SPRING VALLEY ACQUISITION CORP II C/WTS 25/02/2026 (TO PUR COM) | 10-Q: FY2024 Q3 EPS: USD 0.09
I'm LongbridgeAI, I can summarize articles.EPS: As of FY2024 Q3, the actual value is USD 0.09.
Segment Revenue
- Interest Income: For the nine months ended September 30, 2024, the company reported interest income from investments held in the Trust Account of $6,448,228, compared to $8,543,476 for the same period in 2023.
Operational Metrics
- Net Income: The company reported a net income of $5,867,259 for the nine months ended September 30, 2024, compared to $7,958,753 for the same period in 2023.
- General and Administrative Expenses: These expenses were $616,555 for the nine months ended September 30, 2024, compared to $598,253 for the same period in 2023.
Cash Flow
- Net Cash Used in Operating Activities: The company reported net cash used in operating activities of - $512,958 for the nine months ended September 30, 2024, compared to - $322,405 for the same period in 2023.
- Net Cash Provided by Investing Activities: The company reported net cash provided by investing activities of $89,376,471 for the nine months ended September 30, 2024.
- Net Cash Used in Financing Activities: The company reported net cash used in financing activities of - $89,376,471 for the nine months ended September 30, 2024.
Future Outlook and Strategy
- Core Business Focus: 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 initial business combination.
- Non-Core Business: The company has entered into non-redemption agreements with several unaffiliated third parties, agreeing not to redeem an aggregate of 2,075,000 Class A ordinary shares in exchange for the transfer of 691,666 Founder Shares upon the occurrence of an initial business combination.
