--- title: "Starry Sea Acquisition | 10-Q: FY2025 Q3 Revenue: USD 0" type: "news" locale: "en" url: "https://longbridge.com/en/news/263798212.md" published_at: "2025-10-31T19:02:05.000Z" --- # Starry Sea Acquisition | 10-Q: FY2025 Q3 Revenue: USD 0 Revenue: As of FY2025 Q3, the actual value is USD 0. EPS: As of FY2025 Q3, the actual value is USD -0.23. EBIT: As of FY2025 Q3, the actual value is USD -576.57 K. ### Segment Revenue - The company has not generated any operating revenue as of September 30, 2025, and will not do so until after the completion of a business combination. ### Operational Metrics - **Net Income (Loss):** For the three months ended September 30, 2025, the company reported a net income of $70,389, primarily due to interest earned on cash held in the Trust Account, offset by formation and operating costs. For the nine months ended September 30, 2025, the company reported a net loss of - $36,715, due to formation and operating costs exceeding interest income. - **Formation and Operating Costs:** These amounted to $253,090 for the three months ended September 30, 2025, and $360,194 for the nine months ended September 30, 2025. ### Cash Flow - **Operating Cash Flow:** Net cash used in operating activities was - $575,632 for the three months ended September 30, 2025, and - $576,632 for the nine months ended September 30, 2025. - **Investing Cash Flow:** Net cash used in investing activities was - $57,500,006 for both the three and nine months ended September 30, 2025, primarily due to investment of cash in the trust account. - **Financing Cash Flow:** Net cash provided by financing activities was $58,312,663 for the three months ended September 30, 2025, and $58,314,663 for the nine months ended September 30, 2025, mainly from proceeds from the IPO and private placement. ### Unique Metrics - **Interest Income:** Interest earned on cash held in the Trust Account was $323,479 for both the three and nine months ended September 30, 2025. ### Future Outlook and Strategy - **Core Business Focus:** The company is focused on completing a business combination within 15 months from August 7, 2025. It has entered into a letter of intent with Forever Young International Limited for a proposed business combination, with a pre-money equity value ascribed to Forever Young in the range of approximately $750 million to $900 million. - **Non-Core Business:** The company has not engaged in any operations or generated any revenues to date, and its activities have been limited to organizational activities and those necessary to prepare for the initial public offering and identifying a target company for an initial business combination. ### Related Stocks - [SSEA.US - Starry Sea Acquisition](https://longbridge.com/en/quote/SSEA.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Urban-Gro|10-Q:2025 财年 Q3 营收 2.38 百万美元 | | [Link](https://longbridge.com/en/news/276147034.md) | | 美敦力|8-K:2026 财年 Q3 营收 90.17 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276118790.md) | | CION Investment Corporation|10-Q:2025 财年 Q3 营收 78.71 百万美元 | | [Link](https://longbridge.com/en/news/276122762.md) | | Sonoco Products|8-K:2025 财年 Q4 营收 17.68 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276115454.md) | | Biotricity|10-Q:2026 财年 Q3 营收 3.99 百万美元 | | [Link](https://longbridge.com/en/news/275660962.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.