--- title: "EMBRACE CHANGE ACQUISITION CORP C/WTS 25/10/2026 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.02" type: "News" locale: "en" url: "https://longbridge.com/en/news/241178926.md" datetime: "2025-05-21T08:09:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/241178926.md) - [en](https://longbridge.com/en/news/241178926.md) - [zh-HK](https://longbridge.com/zh-HK/news/241178926.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/241178926.md) | [繁體中文](https://longbridge.com/zh-HK/news/241178926.md) # EMBRACE CHANGE ACQUISITION CORP C/WTS 25/10/2026 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.02 EPS: As of FY2025 Q1, the actual value is USD -0.02. ### Segment Revenue - The company has not generated any operating revenues as of March 31, 2025, and will not generate any until after the completion of its Business Combination. ### Operational Metrics - **Net Income (Loss)**: For the three months ended March 31, 2025, the company reported a net loss of $89,624, compared to a net income of $307,277 for the same period in 2024. - **Operating Costs**: Operating costs increased significantly to $355,862 for the three months ended March 31, 2025, from $49,800 for the same period in 2024. - **Interest Expense**: The company recorded $1,125 in interest expenses for the three months ended March 31, 2025. ### Cash Flow - **Net Cash Used in Operating Activities**: The company used $249,756 in operating activities for the three months ended March 31, 2025, compared to $77,725 for the same period in 2024. - **Net Cash Used in Investing Activities**: No cash was used in investing activities for the three months ended March 31, 2025, compared to $300,000 used in 2024. - **Net Cash Provided by Financing Activities**: The company received $200,000 from third parties for working capital purposes during the three months ended March 31, 2025. ### Unique Metrics - **Cash and Investments Held in Trust Account**: As of March 31, 2025, the estimated fair value of investments held in the Trust Account was $26,354,572. ### Future Outlook and Strategy - **Core Business Focus**: The company plans to effectuate its Business Combination using cash from the proceeds of the IPO and private placement, along with other financing methods such as shares and debt. - **Non-Core Business**: The company has entered into a merger agreement with Tianji Tire Global (Cayman) Limited, which involves a reincorporation merger and an acquisition merger, with Tianji surviving as a direct wholly owned subsidiary of Purchaser. - **Priority**: The company has the right to extend the Combination Period by depositing $75,000 per month, up to ten additional times, through August 12, 2025. ### Related Stocks - [EMBRACE CHANGE ACQUISITION CORP C/WTS 25/10/2026 (TO PUR COM) (EMCGW.US)](https://longbridge.com/en/quote/EMCGW.US.md) - [EMBRACE CHANGE ACQUISITION CORP C/WTS 25/10/2026 (TO PUR COM) (EMCWF.US)](https://longbridge.com/en/quote/EMCWF.US.md)