---
title: "MOUNTAIN LAKE ACQUISITION CORP COM USD0.0001 CL A (SUB/RIGHTS) 15/11/28 | 10-Q: FY2025 Q1 EPS: USD 0.07"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240062432.md"
datetime: "2025-05-13T21:02:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240062432.md)
  - [en](https://longbridge.com/en/news/240062432.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240062432.md)
generator: "portal-rs"
---

# MOUNTAIN LAKE ACQUISITION CORP COM USD0.0001 CL A (SUB/RIGHTS) 15/11/28 | 10-Q: FY2025 Q1 EPS: USD 0.07

EPS: As of FY2025 Q1, the actual value is USD 0.07.

### Segment Revenue

-   The company has not commenced any operations and does not expect to generate operating revenues until after the completion of a Business Combination.

### Operational Metrics

-   Net income for the three months ended March 31, 2025, was $2,018,521, primarily due to interest income on marketable securities held in the Trust Account amounting to $2,339,304, offset by operating costs of $320,783.

### Cash Flow

-   Net cash used in operating activities for the three months ended March 31, 2025, was - $162,285.

### Unique Metrics

-   Cash and marketable securities held in the Trust Account as of March 31, 2025, amounted to $233,983,157, including approximately $2,833,157 of interest income and net of unrealized losses.

### Future Outlook and Strategy

-   **Core Business Focus**: The company intends to use the funds held in the Trust Account to complete a Business Combination, with plans to use share capital or debt as consideration, and the remaining proceeds for working capital to finance operations, make acquisitions, and pursue growth strategies.
-   **Non-Core Business**: The company may use a portion of working capital held outside the Trust Account to repay loaned amounts if a Business Combination does not close, with up to $1.5 million of Working Capital Loans potentially convertible into units of the post Business Combination entity.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**