--- title: "HORIZON SPACE ACQUISITION II CORP COM USD0.0001 30/03/2026(SUB/RIGHTS) | 10-Q: FY2025 Q2 EPS: USD 0.05" type: "News" locale: "en" url: "https://longbridge.com/en/news/253080055.md" datetime: "2025-08-14T16:02:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/253080055.md) - [en](https://longbridge.com/en/news/253080055.md) - [zh-HK](https://longbridge.com/zh-HK/news/253080055.md) --- # HORIZON SPACE ACQUISITION II CORP COM USD0.0001 30/03/2026(SUB/RIGHTS) | 10-Q: FY2025 Q2 EPS: USD 0.05 EPS: As of FY2025 Q2, the actual value is USD 0.05. ### Segment Revenue - **Interest and Dividend Income on Investments Held in Trust**: $730,448 for the three months ended June 30, 2025, and $1,456,519 for the six months ended June 30, 2025. ### Operational Metrics - **Net Income (Loss)**: $221,282 for the three months ended June 30, 2025, compared to a net loss of $8,000 for the same period in 2024. For the six months ended June 30, 2025, net income was $693,874, compared to a net loss of $11,106 for the same period in 2024. - **Formation and Operating Costs**: $509,166 for the three months ended June 30, 2025, compared to $8,000 for the same period in 2024. For the six months ended June 30, 2025, formation and operating costs were $762,645, compared to $11,106 for the same period in 2024. ### Cash Flow - **Net Cash Used in Operating Activities**: - $620,690 for the six months ended June 30, 2025. - **Cash at End of Period**: $26,030 as of June 30, 2025. ### Unique Metrics - **Investment Held in Trust Account**: $70,801,049 as of June 30, 2025, compared to $69,344,530 as of December 31, 2024. ### Future Outlook and Strategy - **Core Business Focus**: The company plans to complete its initial business combination with SL Bio Ltd., a Cayman Islands exempted company, by merging with SL Bio and becoming a subsidiary of PubCo. The PubCo Ordinary Shares are expected to be listed and traded on the Nasdaq Stock Market LLC following the consummation of the SL Bio Business Combination. - **Non-Core Business**: The company has issued a promissory note to its sponsor for $300,000 to provide additional working capital, which may be converted into private placement units at a conversion price of $10.00 per unit. - **Priority**: The company aims to complete the business combination within the required period and manage its working capital effectively to ensure successful operations post-combination. ### Related Stocks - [HSPTR.US](https://longbridge.com/en/quote/HSPTR.US.md) ## Related News & Research - [FACTBOX-IPO-bound SpaceX's board is stacked with Musk empire loyalists](https://longbridge.com/en/news/287206089.md) - [IBM Stock Surges on $1B Quantum Boost as Dan Ives Sees "Massive Upside"](https://longbridge.com/en/news/287265274.md) - [ANALYSIS-Why SpaceX's mega IPO may not signal a broader rebound in listings](https://longbridge.com/en/news/287215490.md) - [GRAPHIC-Major takeaways from Magnificent Seven's AI-fueled earnings](https://longbridge.com/en/news/287224928.md) - [Expect Strait of Hormuz to open soon as economics beats politics - Pence Wealth](https://longbridge.com/en/news/287252730.md)