---
title: "GSR III ACQUISITION CORP COM USD0.0001 CL A (SUBS/RTS) | 10-Q: FY2025 Q1 EPS: USD 0.04"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240446476.md"
datetime: "2025-05-15T20:18:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240446476.md)
  - [en](https://longbridge.com/en/news/240446476.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240446476.md)
---

# GSR III ACQUISITION CORP COM USD0.0001 CL A (SUBS/RTS) | 10-Q: FY2025 Q1 EPS: USD 0.04

EPS: As of FY2025 Q1, the actual value is USD 0.04.

### Segment Revenue

-   The company has not yet commenced operations and therefore has not generated any operating revenues as of March 31, 2025. The company generates non-operating income from interest and dividends earned on investments held in a trust account.

### Operational Metrics

-   For the three months ended March 31, 2025, the company reported a net income of $1,163,020, primarily due to non-operating income of $2,423,285 from the trust account, offset by a loss from operations of $1,260,265, which consisted of general and administrative expenses.

### Cash Flow

-   Net cash used in operating activities for the three months ended March 31, 2025, was - $459,181.

### Unique Metrics

-   The company completed its Initial Public Offering on November 8, 2024, raising gross proceeds of $230,000,000, which were placed in a trust account.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to complete a Business Combination before the mandatory liquidation date and anticipates having sufficient liquidity to fund operations until then. However, there is no assurance that a Business Combination will be consummated within the required timeframe.
-   **Non-Core Business**: The company entered into a Business Combination Agreement with Terra Innovatum s.r.l. on April 21, 2025, which involves reorganizations and equity issuances, resulting in the company becoming a wholly owned subsidiary of a Dutch public limited liability company.

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

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