A SPAC II ACQUISITION CORP C/WTS 15/10/2026 (TO PUR COM) | 10-Q: FY2025 Q2 Revenue: USD 0
I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q2, the actual value is USD 0.
EPS: As of FY2025 Q2, the actual value is USD -0.03.
EBIT: As of FY2025 Q2, the actual value is USD -112.18 K.
Segment Revenue
- General and Administrative Expenses: $64,755 for the three months ended June 30, 2025, compared to $153,450 for the same period in 2024. For the six months ended June 30, 2025, expenses were $173,533 compared to $302,101 for the same period in 2024.
Operational Metrics
- Net Income (Loss): For the three months ended June 30, 2025, net loss was - $17,335 compared to net income of $138,280 for the same period in 2024. For the six months ended June 30, 2025, net loss was - $78,078 compared to net income of $280,625 for the same period in 2024.
- Interest Income: $47,420 for the three months ended June 30, 2025, compared to $291,730 for the same period in 2024. For the six months ended June 30, 2025, interest income was $95,455 compared to $582,726 for the same period in 2024.
Cash Flow
- Operating Cash Flow: For the six months ended June 30, 2025, cash used in operating activities was - $128,365. For the six months ended June 30, 2024, cash used in operating activities was - $273,550.
- Cash Balance: As of June 30, 2025, the company had cash of $147,832 outside the Trust Account.
Unique Metrics
- Investments Held in Trust Account: $4,579,577 as of June 30, 2025, compared to $4,485,356 as of December 31, 2024.
Future Outlook and Strategy
- Core Business Focus: The company plans to continue incurring significant costs in pursuit of its acquisition plans and expects to generate non-operating income in the form of interest income on marketable securities held after the IPO. The company has until August 5, 2027, to consummate a Business Combination.
- Non-Core Business: The company has received loans from the Sponsor to cover various expenses and for working capital purposes, with the most recent loan agreement dated October 17, 2025, for up to $500,000.
- Priority: The company emphasizes the completion of a Business Combination within the specified period and securing additional financing if necessary.
