HCM II Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.02

EPS: As of FY2025 Q1, the actual value is USD 0.02.

The company has not generated any operating revenues as of March 31, 2025, since it is a blank check company focused on effecting a business combination.

Net Income: The company reported a net income of $689,999 for the three months ended March 31, 2025.
General and Administrative Costs: These costs amounted to $1,103,133 for the same period.

Operating Cash Flow: The net cash used in operating activities was - $150,929 for the three months ended March 31, 2025.

Interest Income: The company earned $2,462,864 in interest from marketable securities held in the Trust Account for the three months ended March 31, 2025.

Core Business Focus: The company is focused on completing a business combination with Terrestrial Energy Inc., which is expected to close in the fourth quarter of 2025, subject to shareholder approval and other customary closing conditions.
Non-Core Business: The company has entered into PIPE Subscription Agreements to issue and sell 5,000,000 shares of Domesticated Common Stock at $10.00 per share, which will close immediately prior to or concurrently with the business combination.

EPS: As of FY2025 Q1, the actual value is USD 0.02.

The company has not generated any operating revenues as of March 31, 2025, since it is a blank check company focused on effecting a business combination.

Net Income: The company reported a net income of $689,999 for the three months ended March 31, 2025.
General and Administrative Costs: These costs amounted to $1,103,133 for the same period.

Operating Cash Flow: The net cash used in operating activities was - $150,929 for the three months ended March 31, 2025.

Interest Income: The company earned $2,462,864 in interest from marketable securities held in the Trust Account for the three months ended March 31, 2025.

Core Business Focus: The company is focused on completing a business combination with Terrestrial Energy Inc., which is expected to close in the fourth quarter of 2025, subject to shareholder approval and other customary closing conditions.
Non-Core Business: The company has entered into PIPE Subscription Agreements to issue and sell 5,000,000 shares of Domesticated Common Stock at $10.00 per share, which will close immediately prior to or concurrently with the business combination.