Soulpower Acquisition | 10-Q: FY2025 Q2 EPS: USD 0.08
I'm LongbridgeAI, I can summarize articles.EPS: As of FY2025 Q2, the actual value is USD 0.08.
Segment Revenue
- The company has not generated any operating revenues as of June 30, 2025, and expects to generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering held in the Trust Account.
Operational Metrics
- Net Income: For the three months ended June 30, 2025, the company reported a net income of $2,137,114, primarily due to interest earned on cash held in the Trust Account amounting to $2,520,316, offset by formation and operational costs of $389,691.
- Net Income: For the six months ended June 30, 2025, the company reported a net income of $1,957,396, with interest earned on cash held in the Trust Account of $2,520,316, offset by formation and operational costs of $569,599.
Cash Flow
- Operating Cash Flow: Net cash used in operating activities was - $809,383 for the six months ended June 30, 2025.
- Investing Cash Flow: Net cash used in investing activities was - $250,000,000, primarily due to the investment of cash into the Trust Account.
- Financing Cash Flow: Net cash provided by financing activities was $251,478,717, which includes proceeds from issuance of Founder Shares to Sponsor HoldCo and sale of Private Placement Shares.
Unique Metrics
- Trust Account: As of June 30, 2025, the company had cash held in the Trust Account of $252,520,316.
Future Outlook and Strategy
- Core Business Focus: The company intends to effectuate its Business Combination using cash derived from the proceeds of the Initial Public Offering and the sale of the Private Placement Units, shares, debt, or a combination of cash, shares, and debt.
- Non-Core Business: The company may need to obtain additional financing to complete its initial business combination, either through equity or convertible debt issuances, or through loans, advances, or other indebtedness.
