--- title: "GLOBA TERRA ACQUISITION CORPORATION C/WTS 17/06/2030 (TO PUR COM) | 10-Q: FY2025 Q3 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/266620986.md" datetime: "2025-11-19T21:36:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266620986.md) - [en](https://longbridge.com/en/news/266620986.md) - [zh-HK](https://longbridge.com/zh-HK/news/266620986.md) --- # GLOBA TERRA ACQUISITION CORPORATION C/WTS 17/06/2030 (TO PUR COM) | 10-Q: FY2025 Q3 Revenue: USD 0 Revenue: As of FY2025 Q3, the actual value is USD 0. EBIT: As of FY2025 Q3, the actual value is USD -2.024 M. ### Segment Revenue - The company has not commenced any operations and has not generated any operating revenues as of September 30, 2025. The only income generated is non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. ### Operational Metrics - **Net Income**: For the three and nine months ended September 30, 2025, the company reported net income of $1,312,252, primarily due to interest income earned on investments held in the Trust Account amounting to $1,668,159, offset by formation and operating expenses of $355,907. ### Cash Flow - **Net Cash Used in Operating Activities**: For the nine months ended September 30, 2025, cash used in operating activities was - $256,543. - **Net Cash Used in Investing Activities**: Cash used in investing activities was - $174,995,500, which is the amount required to be deposited into the Trust Account from the Initial Public Offering. - **Net Cash Provided by Financing Activities**: Cash provided by financing activities was $175,943,085, which is the proceeds from the Initial Public Offering and the Private Placement, net of offering costs. ### Unique Metrics - **Investment Held in Trust**: As of September 30, 2025, the company had $176,663,659 in cash held in the Trust Account. ### Future Outlook and Strategy - **Core Business Focus**: The company intends to effectuate its initial business combination using cash derived from the proceeds of the Initial Public Offering and the sale of the Private Placement Securities, shares, debt, or a combination of cash, shares, and debt. - **Non-Core Business**: The company is a blank check company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on high potential businesses based in North America. - **Priority**: The company has a deadline to complete a business combination by October 9, 2026, and if unable to do so, it will cease operations and liquidate the Trust Account. ### Related Stocks - [GTERW.US](https://longbridge.com/en/quote/GTERW.US.md) ## Related News & Research - [Telecom Stocks: What SpaceX IPO Filing Revealed About Starlink's Big Ambitions](https://longbridge.com/en/news/287245743.md) - [FACTBOX-IPO-bound SpaceX's board is stacked with Musk empire loyalists](https://longbridge.com/en/news/287206089.md) - [INSTANT VIEW-SpaceX files long awaited IPO, creating a fresh AI play](https://longbridge.com/en/news/287124128.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)