---
title: "PLUM ACQUISITION CORP. III C/WTS 31/03/2028 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.04"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240447121.md"
datetime: "2025-05-15T20:24:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240447121.md)
  - [en](https://longbridge.com/en/news/240447121.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240447121.md)
---

# PLUM ACQUISITION CORP. III C/WTS 31/03/2028 (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.04

EPS: As of FY2025 Q1, the actual value is USD -0.04.

### Operational Metrics

-   **Net Loss**: For the three months ended March 31, 2025, the net loss was $364,540, compared to a net loss of $148,236 for the same period in 2024.
-   **Operating and Formation Costs**: Operating and formation costs were $532,731 for the three months ended March 31, 2025, compared to $396,075 for the same period in 2024.
-   **Interest and Dividend Income**: Interest and dividend income on investments held in the Trust Account was $66,097 for the three months ended March 31, 2025, compared to $1,091,981 for the same period in 2024.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the three months ended March 31, 2025, net cash used in operating activities was - $285,965.
-   **Net Cash Provided by Investing Activities**: For the three months ended March 31, 2025, net cash provided by investing activities was $23,977,494.
-   **Net Cash Used in Financing Activities**: For the three months ended March 31, 2025, net cash used in financing activities was - $23,625,464.

### Unique Metrics

-   **Warrant Liabilities**: As of March 31, 2025, warrant liabilities included Founder Warrants valued at $416,688, Private Placement Warrants valued at $51,036, and Public Warrants valued at $1,600,833.

### Future Outlook and Strategy

-   **Core Business Focus**: The company aims to complete an Initial Business Combination by July 30, 2025, using funds from the Trust Account and potential additional financing.
-   **Non-Core Business**: The company has entered into various agreements, including a business combination agreement with Tactical Resources Corp., and is working on relisting its securities on Nasdaq.
-   **Priority**: The company is focused on completing the business combination within the specified timeframe to avoid mandatory liquidation.

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- [PLMWF.US](https://longbridge.com/en/quote/PLMWF.US.md)

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