--- title: "RIBBON ACQUISITION CORP COM USD0.0001 CL A 31/12/2026(SUB/RIGHT) | 10-Q: FY2025 Q2 EPS: USD 0.11" type: "News" locale: "en" url: "https://longbridge.com/en/news/252913346.md" datetime: "2025-08-13T20:09:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/252913346.md) - [en](https://longbridge.com/en/news/252913346.md) - [zh-HK](https://longbridge.com/zh-HK/news/252913346.md) generator: "portal-rs" --- # RIBBON ACQUISITION CORP COM USD0.0001 CL A 31/12/2026(SUB/RIGHT) | 10-Q: FY2025 Q2 EPS: USD 0.11 EPS: As of FY2025 Q2, the actual value is USD 0.11. ### Segment Revenue - No revenue reported as the company has not commenced operations and is focused on completing its initial business combination. ### Operational Metrics - **Net Income**: For the three months ended June 30, 2025, net income was $271,297. For the six months ended June 30, 2025, net income was $507,153. - **Operating Expenses**: For the three months ended June 30, 2025, operating expenses were $242,894. For the six months ended June 30, 2025, operating expenses were $428,295. - **Income Earned on Marketable Securities**: For the three months ended June 30, 2025, income earned on marketable securities held in the Trust Account was $514,191. For the six months ended June 30, 2025, income earned on marketable securities held in the Trust Account was $935,448. ### Cash Flow - **Net Cash Used in Operating Activities**: For the six months ended June 30, 2025, net cash used in operating activities was - $418,288. - **Net Cash Used in Investing Activities**: For the six months ended June 30, 2025, net cash used in investing activities was - $50,000,000. - **Net Cash Provided by Financing Activities**: For the six months ended June 30, 2025, net cash provided by financing activities was $50,710,916. - **Cash at End of Period**: As of June 30, 2025, cash at the end of the period was $292,628. ### Unique Metrics - **Accretion of Ordinary Shares Subject to Redemption Value**: For the six months ended June 30, 2025, the company recorded accretion of ordinary shares subject to redemption value of $2,800,290. ### Future Outlook and Strategy - **Core Business Focus**: The company is focused on completing its initial business combination within the prescribed timeline, which is by January 16, 2026. The company has entered into a Business Combination Agreement with DRC Medicine Inc., DRC Medicine Ltd., and DRC Merger Inc., with the goal of merging and creating a new entity, PubCo. - **Non-Core Business**: The company has no current operations and is solely focused on completing the business combination. There are no plans related to divestitures or emerging segments mentioned. - **Priority**: The primary strategy is to complete the business combination with DRC Medicine and ensure the successful transition and integration of the new entity, PubCo. ### Related Stocks - [RIBBR.US](https://longbridge.com/en/quote/RIBBR.US.md) ## Related News & Research - [Gas supply cut from Indonesia accounts for less than 2% of Singaporeâs daily gas demand: EMA](https://longbridge.com/en/news/302973681.md) - [Fast food chain Long John Silver's shutters another Singapore outlet after at least 5 closures this year](https://longbridge.com/en/news/302978153.md) - [Small businesses struggling with inflation amid Trump tariffs ahead of midterms](https://longbridge.com/en/news/302972502.md) - [Dongshan Precision retail IPO undersubscribed as Hong Kong mega listing flops](https://longbridge.com/en/news/302974270.md) - [Crypto Strategist Who Nailed 2025 Bitcoin Top Warns BTC Could Drop Below $70,000 – Here’s His Price Target](https://longbridge.com/en/news/302980144.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**