<span item_type="fundamental" item_id="6896fc7aff78fa8639b6d95ed8774b50" counter_id="ST/US/HSPTU" env="prod"></span><span item_type="announcement" item_id="516818314706558593" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.077.</p><p></p><h3>Segment Revenue</h3><ul><li>Horizon Space Acquisition II Corp. has not commenced any operations and will not generate operating revenues until after the completion of a Business Combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Formation and operating costs for the three months ended March 31, 2025, were $253,479, compared to $3,106 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li><li>Net income for the three months ended March 31, 2025, was $472,592, compared to a net loss of $3,106 for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash provided by operating activities for the three months ended March 31, 2025, was - $281,944.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li><li>Cash at the end of the period was $364,776, down from $646,720 at the beginning of the period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Interest and dividend income on investments held in Trust for the three months ended March 31, 2025, was $726,071.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: Horizon Space Acquisition II Corp. plans to complete a Business Combination with SL Bio Ltd., which will result in both companies becoming subsidiaries of PubCo, with shares expected to be listed on Nasdaq.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has no operations other than identifying and evaluating suitable acquisition transaction candidates and expects to incur significant costs in pursuit of its acquisition plans.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li><li><strong>Priority</strong>: The company aims to complete the Business Combination within the Combination Period by November 18, 2025, to avoid liquidation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2032950/000192998025000444/hspt_10q.htm"></span></li></ul>

Horizon Space Acquisition Il - Unit | 10-Q: FY2025 Q1 EPS: USD 0.077