<span item_type="fundamental" item_id="3ab54b3c4a3a79d3a56106f36719f3fb" counter_id="ST/US/JWSWF" env="prod"></span><span item_type="announcement" item_id="548358171662419713" env="prod"></span><p>EPS: As of FY2025 Q2, 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 June 30, 2025, as it is a blank check company focused on identifying a target for a Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income (Loss):</strong> For the three months ended June 30, 2025, the company reported a net income of $240,199, compared to a net income of $4,341,773 for the same period in 2024. For the six months ended June 30, 2025, the company reported a net loss of $267,778, compared to a net loss of $2,818,131 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li><li><strong>General and Administrative Expenses:</strong> These were $138,996 for the three months ended June 30, 2025, and $281,547 for the six months ended June 30, 2025, compared to $272,570 and $906,450 for the same periods in 2024, respectively.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow:</strong> For the six months ended June 30, 2025, net cash used in operating activities was $280,910, compared to $382,900 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li><li><strong>Cash Held in Trust Account:</strong> As of June 30, 2025, the company had $1,049,122 in cash held in the Trust Account.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Warrant Liabilities:</strong> As of June 30, 2025, the company had warrant liabilities of $1,116,750, unchanged from December 31, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus:</strong> The company intends to complete a Business Combination by September 4, 2025, with the possibility of extending this deadline to December 4, 2026, if necessary. The management is focused on identifying and evaluating target businesses for this purpose.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li><li><strong>Non-Core Business:</strong> The company has no operations or revenue generation until a Business Combination is completed. It is primarily focused on maintaining its financial position and meeting regulatory requirements.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul>

JAWS MUSTANG ACQUISITION CORP C/WTS 01/06/2030 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD 0.01