--- title: "HCM II ACQUISITION CORP C/WTS (TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD 0.02" type: "News" locale: "en" url: "https://longbridge.com/en/news/241179756.md" datetime: "2025-05-21T08:14:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/241179756.md) - [en](https://longbridge.com/en/news/241179756.md) - [zh-HK](https://longbridge.com/zh-HK/news/241179756.md) generator: "portal-rs" --- # HCM II ACQUISITION CORP C/WTS (TO PUR COM) | 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, as it is a blank check company focused on completing 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. - **Cash Position**: As of March 31, 2025, the company had cash of $517,160 available for working capital needs. ### Unique Metrics - **Interest Earned**: The company earned $2,462,864 in interest on 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. - **Priority**: The company aims to complete the business combination before the end of the combination period on August 19, 2026, to avoid mandatory liquidation. ### Related Stocks - [HONDW.US](https://longbridge.com/en/quote/HONDW.US.md) - [IMSRW.US](https://longbridge.com/en/quote/IMSRW.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**