--- title: "AROGO CAPITAL ACQUISITION CORP C/WTS 23/03/2028 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 0" type: "News" locale: "en" url: "https://longbridge.com/en/news/273880436.md" datetime: "2026-01-27T18:26:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273880436.md) - [en](https://longbridge.com/en/news/273880436.md) - [zh-HK](https://longbridge.com/zh-HK/news/273880436.md) --- # AROGO CAPITAL ACQUISITION CORP C/WTS 23/03/2028 (TO PUR COM) | 10-Q: FY2025 Q1 Revenue: USD 0 Revenue: As of FY2025 Q1, the actual value is USD 0. EPS: As of FY2025 Q1, the actual value is USD -0.07. EBIT: As of FY2025 Q1, the actual value is USD -298.36 K. AROGO CAPITAL ACQUISITION CORP. operates as a single segment focused on effecting a business combination . #### Revenue As of March 31, 2025, AROGO CAPITAL ACQUISITION CORP. had not generated any operating revenues . #### Net Loss For the three months ended March 31, 2025, the company reported a net loss of - $104,395, which was an improvement compared to a net loss of - $188,723 for the three months ended March 31, 2024 . #### Operational Costs Formation and operating costs decreased to $171,379 for the three months ended March 31, 2025, from $358,992 for the same period in 2024 . Franchise tax expenses were $30,000 for the three months ended March 31, 2025, down from $35,600 for the corresponding period in 2024 . #### Interest and Investment Income Investment income earned on cash held in Trust was $96,982 for the three months ended March 31, 2025, a decrease from $251,129 for the same period in 2024 . Interest earned in the operating account was $2 for the three months ended March 31, 2025, compared to $1 for the same period in 2024 . #### Cash Flow Net cash used in operating activities increased to - $69,260 for the three months ended March 31, 2025, from - $40,850 for the same period in 2024 . Cash at the end of the period was $52,755 as of March 31, 2025, a decrease from $78,427 as of March 31, 2024 . Cash held in the Trust Account was $285,779 as of March 31, 2025, significantly lower than $20,262,514 as of December 31, 2024 . #### Working Capital The company reported a working capital deficit of - $6,385,167 as of March 31, 2025, which is an improvement from a deficit of - $25,596,951 as of December 31, 2024 . #### Future Outlook and Strategy AROGO CAPITAL ACQUISITION CORP. aims to complete its initial business combination by June 29, 2026 . The company entered into a Business Combination Agreement with Bangkok Tellink Co., Ltd. on February 14, 2025, a provider of telecommunications and Internet-of-Things solutions . Management anticipates requiring additional funds to meet working capital needs and potentially to finance a larger business combination . ### Related Stocks - [AOGOW.US](https://longbridge.com/en/quote/AOGOW.US.md) ## Related News & Research - [Amkor Technology (NASDAQ:AMKR) Issues FY 2028 Earnings Guidance](https://longbridge.com/en/news/287233892.md) - [ProShare Advisors LLC Purchases 257,762 Shares of Cintas Corporation $CTAS](https://longbridge.com/en/news/286893600.md) - [Casey's Announces Timing of Fourth Quarter and Fiscal Year Earnings Release and Conference Call | CASY Stock News](https://longbridge.com/en/news/286951772.md) - [The Big Question You Need to Ask Yourself Before Buying Oklo Stock](https://longbridge.com/en/news/287075315.md) - [Ryan Cohen’s Activist Push Puts eBay’s Valuation And Governance In Focus](https://longbridge.com/en/news/287252788.md)