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

EPS: As of FY2025 Q3, the actual value is USD 0.07.

EBIT: As of FY2025 Q3, the actual value is USD -116.69 K.

Segment Revenue

• The company has not commenced any operations and has not generated any operating revenues as of September 30, 2025. The company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Initial Public Offering and sale of Private Placement Warrants.

Operational Metrics

• Net Income: For the three months ended September 30, 2025, net income was $1,690,631, primarily due to investment earnings on marketable securities held in the Trust Account of $1,801,001, offset by general and administrative expenses of $116,692. For the nine months ended September 30, 2025, net income was $2,665,323, resulting from earnings and realized gain on marketable securities held in Trust Account of $2,948,521, offset by general and administrative expenses of $289,520.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities for the nine months ended September 30, 2025 was $86,788, adjusted for earnings on marketable securities in the Trust Account and changes in operating assets and liabilities.
• Investing Cash Flow: Net cash used in investing activities was $172,500,000, primarily due to cash deposited in the Trust Account.
• Financing Cash Flow: Net cash provided by financing activities was $173,563,104, due to proceeds from the sale of Units, Private Placement Warrants, and public warrants issued as part of the Units.

Unique Metrics

• Marketable Securities Held in Trust Account: As of September 30, 2025, marketable securities held in the Trust Account amounted to $175,466,068.

Future Outlook and Strategy

• Core Business Focus: The company intends to use substantially all of the funds held in the Trust Account to complete its initial Business Combination. The company does not believe it will need to raise additional funds to meet the expenditures required for operating its business.
• Non-Core Business: The company has not selected any Business Combination target and has not initiated any substantive discussions with any Business Combination target.
• Priority: The company must complete a Business Combination with one or more target businesses that together have an aggregate fair market value of at least 80% of the Trust Account at the time of the agreement to enter into the initial Business Combination.