<span item_type="fundamental" item_id="5e65ba1a88f786854977e4e73a6c48f8" counter_id="ST/US/BSII" env="prod"></span><span item_type="announcement" item_id="516314222003815169" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not commenced any operations and therefore has not generated any operating revenue as of March 31, 2025. The company generates non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: For the three months ended March 31, 2025, the company reported a net income of $10,378, primarily due to interest income from the Trust Account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li><li><strong>General and Administrative Expenses</strong>: The company incurred general and administrative expenses amounting to $1,647,635 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: The net cash used in operating activities was - $273,426 for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li><li><strong>Cash Held in Trust Account</strong>: As of March 31, 2025, the cash held in the Trust Account was $156,875,931, including interest income.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Interest Income</strong>: The company earned $1,648,030 in interest income from the Trust Account for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing a Business Combination within the specified Combination Period. The management plans to continue efforts to consummate a Business Combination during this period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li><li><strong>Non-Core Business</strong>: There are no specific plans related to divestitures or emerging segments mentioned in the report.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2025065/000141057825001298/bsii-20250331x10q.htm"></span></li></ul>

Black Spade Acquisition II | 10-Q: FY2025 Q1 EPS: USD 0