---
title: "HORIZON SPACE ACQUISITION I CORP C/WTS 27/12/2029 (TO PUR ORD) | 10-Q: FY2025 Q2 EPS: USD 0.19"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/252555619.md"
published_at: "2025-08-11T21:17:35.000Z"
---

# HORIZON SPACE ACQUISITION I CORP C/WTS 27/12/2029 (TO PUR ORD) | 10-Q: FY2025 Q2 EPS: USD 0.19

EPS: As of FY2025 Q2, the actual value is USD 0.19.

### Segment Revenue

-   **Interest and Dividend Income**: For the three months ended June 30, 2025, interest and dividend income was $229,876, compared to $784,220 for the same period in 2024. For the six months ended June 30, 2025, interest and dividend income was $454,628, compared to $1,665,343 for the same period in 2024.

### Operational Metrics

-   **Net Income**: For the three months ended June 30, 2025, net income was $75,887, compared to $629,211 for the same period in 2024. For the six months ended June 30, 2025, net income was $147,341, compared to $1,362,675 for the same period in 2024.
-   **Formation and Operating Costs**: For the three months ended June 30, 2025, formation and operating costs were $153,989, compared to $155,009 for the same period in 2024. For the six months ended June 30, 2025, formation and operating costs were $307,287, compared to $302,668 for the same period in 2024.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the six months ended June 30, 2025, net cash used in operating activities was - $354,556, compared to - $461,405 for the same period in 2024.
-   **Net Cash Provided by (Used in) Financing Activities**: For the six months ended June 30, 2025, net cash provided by financing activities was $1,080,000, compared to - $8,284,167 for the same period in 2024.

### Unique Metrics

-   **Extension Fees**: From January 2025 to July 2025, an aggregate of $840,000 of the Extension Fee was deposited into the Trust Account for public shareholders, extending the period for the Company to consummate its initial Business Combination to August 27, 2025.

### Future Outlook and Strategy

-   **Core Business Focus**: The Company plans to consummate its initial business combination by August 27, 2025, utilizing funds from the Trust Account and additional financing if necessary.
-   **Non-Core Business**: The Company has issued unsecured promissory notes to Squirrel Group Companies in connection with the payment for the Monthly Extension Fee, indicating ongoing efforts to secure financing for the business combination.

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