---
title: "HCM II Acquisition | 10-Q: FY2025 Q1 EPS: USD 0.02"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241179752.md"
datetime: "2025-05-21T08:14:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241179752.md)
  - [en](https://longbridge.com/en/news/241179752.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241179752.md)
---

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

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

### Segment Revenue

-   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.

### Operational Metrics

-   **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.

### Cash Flow

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

### Unique Metrics

-   **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.

### Future Outlook and Strategy

-   **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.

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