<span item_type="fundamental" item_id="3ab54b3c4a3a79d3a56106f36719f3fb" counter_id="ST/US/JWSMF" env="prod"></span><span item_type="announcement" item_id="548358171641449089" env="prod"></span><p>EPS: As of FY2025 Q2, the actual value is USD 0.01.</p><p>EBIT: As of FY2025 Q2, the actual value is USD -139 K.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Interest Income</strong>: For the three months ended June 30, 2025, interest earned on cash and investments held in the trust account was $6,945, compared to $147,343 for the same period in 2024. For the six months ended June 30, 2025, interest earned was $13,769, compared to $321,819 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/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income (Loss)</strong>: For the three months ended June 30, 2025, net income was $240,199, compared to $4,341,773 for the same period in 2024. For the six months ended June 30, 2025, net loss was - $267,778, compared to - $2,818,131 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/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li><li><strong>General and Administrative Expenses</strong>: For the three months ended June 30, 2025, general and administrative expenses were $138,996, compared to $272,570 for the same period in 2024. For the six months ended June 30, 2025, these expenses were $281,547, compared to $906,450 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/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2025, net cash used in operating activities was - $280,910, compared to - $382,900 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/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li><li><strong>Cash Held in Trust Account</strong>: As of June 30, 2025, cash held in the trust account was $1,049,122.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company intends to complete a business combination by September 4, 2025, with the possibility of extending this deadline to December 4, 2026, if necessary. Management is focused on identifying and evaluating target businesses for a potential merger or acquisition.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li><li><strong>Going Concern</strong>: The company has expressed substantial doubt about its ability to continue as a going concern if a business combination is not consummated by the mandatory liquidation date. Management intends to complete a business combination prior to this date to avoid liquidation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1831359/000141057825001671/jwsm-20250630x10q.htm"></span></li></ul>

JAWS MUSTANG ACQUISITION CORP | 10-Q: FY2025 Q2 EPS: USD 0.01