<span item_type="fundamental" item_id="cbf3d5396d279ae882bd91b101a5df3b" counter_id="ST/US/PCAPU" env="prod"></span><span item_type="announcement" item_id="538171921962897665" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.01.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues as of March 31, 2025, and will not do so until after the completion of its initial Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: The company reported a net loss of $70,019 for the period from January 2, 2025 (inception) through March 31, 2025, primarily due to general and administrative costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li><li><strong>General and Administrative Costs</strong>: Totaled $70,019 for the same period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: The company reported no net cash used in operating activities for the period from January 2, 2025, through March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li><li><strong>Deferred Offering Costs</strong>: Included in accrued offering costs were $179,209, and $40,000 was paid through a promissory note - related party.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Trust Account</strong>: Following the Initial Public Offering on May 22, 2025, $250,000,000 was placed in a Trust Account, which will be used to complete the Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company intends to use the funds held in the Trust Account to complete a Business Combination, with the goal of acquiring a target business that has a fair market value equal to at least 80% of the net balance in the Trust Account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li><li><strong>Non-Core Business</strong>: The company has not selected any specific Business Combination target and has not engaged in any substantive discussions with potential targets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li><li><strong>Priority</strong>: The company has 24 months from the closing of the Initial Public Offering to complete the initial Business Combination, with management having determined that the company has sufficient funds to finance its working capital needs within one year from the date of issuance of the unaudited financial statements.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2056634/000121390025061163/ea0247592-10q_procap.htm"></span></li></ul>

ProCap Acquisition - Unit | 10-Q: FY2025 Q1 EPS: USD -0.01