Revenue: As of FY2025 Q3, the actual value is USD 0.

EBIT: As of FY2025 Q3, the actual value is USD -1.013 M.

Segment Revenue

• The company has not commenced any operations and therefore has not generated any operating revenue as of September 30, 2025. The company may generate non-operating income in the form of interest income from the proceeds derived from the IPO.

Operational Metrics

• Net Income: For the three months ended September 30, 2025, net income was $240,364, and for the nine months ended September 30, 2025, net income was $193,905.
• General and Administrative Expenses: For the three months ended September 30, 2025, expenses were $423,606, and for the nine months ended September 30, 2025, expenses were $557,829.
• Interest Income: For the three months ended September 30, 2025, interest income was $589,141, and for the nine months ended September 30, 2025, interest income was $676,905.

Cash Flow

• Net Cash Used in Operating Activities: - $514,134 for the nine months ended September 30, 2025.
• Net Cash Used in Investing Activity: - $55,000,000 for the nine months ended September 30, 2025.
• Net Cash Provided by Financing Activities: $56,893,226 for the nine months ended September 30, 2025.

Unique Metrics

• Investments Held in Trust Account: As of September 30, 2025, the company had $55,663,293 in investments held in the Trust Account.

Future Outlook and Strategy

• Core Business Focus: The company intends to pursue prospective targets in the consumer goods sector for its initial Business Combination. The company has entered into a merger agreement with HDEducation Group Limited, which involves a transaction valued at $300,000,000 to be paid entirely in stock.
• Non-Core Business: The company has not commenced any operations and is focused on identifying a target company for a Business Combination. The company will not generate any operating revenue until after the completion of its initial Business Combination.
• Priority: The company has a 12-month period from the closing of the IPO to complete the initial Business Combination, with the possibility of extending this period up to 18 months.