---
title: "Ribbon Acquisition Corp - Unit | 10-Q: FY2025 Q1 EPS: USD 0.12"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240445013.md"
datetime: "2025-05-15T20:09:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240445013.md)
  - [en](https://longbridge.com/en/news/240445013.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240445013.md)
generator: "portal-rs"
---

# Ribbon Acquisition Corp - Unit | 10-Q: FY2025 Q1 EPS: USD 0.12

EPS: As of FY2025 Q1, the actual value is USD 0.12.

### Segment Revenue

-   Ribbon Acquisition Corporation has not generated any operating revenues as of March 31, 2025, since it is a blank check company focused on identifying a target for a business combination.

### Operational Metrics

-   For the three months ended March 31, 2025, the company reported a net income of $235,856, which consisted of operating expenses of $185,401 and income earned on marketable securities held in the Trust Account of $421,257.

### Cash Flow

-   Net cash used in operating activities was - $174,894 for the three months ended March 31, 2025.
-   Net cash used in investing activities was - $50,000,000, primarily due to the purchase of marketable securities held in the Trust Account.
-   Net cash provided by financing activities was $50,710,916, which included proceeds from the sale of public units through public offerings and private placements.

### Unique Metrics

-   The company completed its IPO on January 16, 2025, raising gross proceeds of $50,000,000 from the sale of 5,000,000 units at $10.00 per unit.
-   Simultaneously, a private placement of 220,000 units was completed, generating total proceeds of $2,200,000.

### Future Outlook and Strategy

-   **Core Business Focus**: Ribbon Acquisition Corporation intends to use the proceeds from its IPO and private placement to effectuate its initial business combination, using cash, stock, debt, or a combination thereof. The company expects to incur significant costs in pursuit of its acquisition plans and aims to complete a business combination by January 16, 2026.
-   **Non-Core Business**: The company has not selected any specific business combination target and has not initiated any substantive discussions with potential targets.

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- [RIBBU.US](https://longbridge.com/en/quote/RIBBU.US.md)

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