<span item_type="fundamental" item_id="0b41cdbab692d6ffad99f9ee8076c266" counter_id="ST/US/TETUF" env="prod"></span><span item_type="announcement" item_id="538060676941815553" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD -0.01.</p><p></p><h3>Segment Revenue</h3><ul><li>The company has not generated any operating revenues as of May 31, 2025, as it is still in the process of identifying a target for its initial business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>For the three months ended May 31, 2025, the company reported a net loss of $37,842, compared to a net income of $303,423 for the same period in 2024. This change is primarily due to a decrease in interest earned on investments held in trust.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li><li>For the six months ended May 31, 2025, the company reported a net income of $30,119, compared to $523,642 for the same period in 2024, again due to a decrease in interest income.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was - $184,096 for the six months ended May 31, 2025, compared to - $356,717 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/1900679/000164117225018872/form10-q.htm"></span></li><li>Net cash provided by investing activities was $24,733,192 for the six months ended May 31, 2025, primarily due to cash withdrawn from the trust in connection with redemptions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li><li>Net cash used in financing activities was - $24,571,217 for the six months ended May 31, 2025, mainly due to the redemption of common stock.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company is focused on completing its initial business combination, with a proposed merger with Bradbury Capital Holdings Inc. The transaction is expected to close in the second quarter of 2025, subject to shareholder approval and other customary closing conditions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li><li><strong>Non-Core Business</strong>: The company has not engaged in any operations or generated revenues, and its activities are limited to organizational activities and identifying a target for a business combination.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1900679/000164117225018872/form10-q.htm"></span></li></ul>

Tech & Telecommunication Acquisition - UNIT | 10-Q: FY2025 Q2 EPS: USD -0.01