---
title: "PLUM ACQUISITION CORP. III C/WTS 31/03/2028 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD -0.11"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252922315.md"
datetime: "2025-08-13T21:23:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252922315.md)
  - [en](https://longbridge.com/en/news/252922315.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252922315.md)
---

# PLUM ACQUISITION CORP. III C/WTS 31/03/2028 (TO PUR COM) | 10-Q: FY2025 Q2 EPS: USD -0.11

EPS: As of FY2025 Q2, the actual value is USD -0.11.

### Segment Revenue

-   **Interest and Dividend Income on Investments Held in Trust Account**: For the three months ended June 30, 2025, the company reported interest and dividend income of $15,271, compared to $283,319 for the same period in 2024. For the six months ended June 30, 2025, the income was $81,368, compared to $1,375,300 for the same period in 2024.

### Operational Metrics

-   **Operating and Formation Costs**: For the three months ended June 30, 2025, operating and formation costs were $659,031, compared to $599,810 for the same period in 2024. For the six months ended June 30, 2025, these costs were $1,191,762, compared to $995,885 for the same period in 2024.
-   **Net (Loss) Income**: The company reported a net loss of $884,943 for the three months ended June 30, 2025, compared to a net income of $407,059 for the same period in 2024. For the six months ended June 30, 2025, the net loss was $1,249,483, compared to a net income of $258,823 for the same period in 2024.

### Cash Flow

-   **Net Cash Used in Operating Activities**: For the six months ended June 30, 2025, net cash used in operating activities was $508,117, compared to $444,477 for the same period in 2024.
-   **Net Cash Provided by Investing Activities**: For the six months ended June 30, 2025, net cash provided by investing activities was $23,976,224, compared to $133,609,215 for the same period in 2024.
-   **Net Cash Used in Financing Activities**: For the six months ended June 30, 2025, net cash used in financing activities was $23,255,464, compared to $133,115,348 for the same period in 2024.

### Future Outlook and Strategy

-   **Core Business Focus**: The company plans to complete an Initial Business Combination by July 30, 2026, using funds from the Trust Account and other financing options. If unsuccessful, the company will liquidate and dissolve.
-   **Non-Core Business**: The company has entered into a business combination agreement with Tactical Resources Corp., which includes provisions for a reverse stock split and lock-up agreements for certain shares.

### Unique Metrics

-   **Warrant Liabilities**: As of June 30, 2025, the company reported warrant liabilities of $2,309,740, compared to $2,170,651 as of December 31, 2024.

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