OAK WOODS ACQUISITION CORPORATION COM CL A USD0.0001 (S/R 23/03/2028) | 10-Q: FY2025 Q1 EPS: USD -0.18

LB filings
2025.07.16 17:05
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EPS: As of FY2025 Q1, the actual value is USD -0.18.

Segment Revenue

  • The company did not generate any operating revenues for the three months ended March 31, 2025, as it is a blank check company focused on completing a business combination.

Operational Metrics

  • Net loss for the three months ended March 31, 2025, was $47,787, compared to a net income of $143,504 for the same period in 2024.
  • Operating expenses for the three months ended March 31, 2025, were $550,895, compared to $648,672 for the same period in 2024.

Cash Flow

  • Net cash used in operating activities for the three months ended March 31, 2025, was - $156,251, compared to - $329,089 for the same period in 2024.
  • Cash at the end of the period was $3,186 as of March 31, 2025.

Unique Metrics

  • Interest income earned on investments held in the Trust Account was $498,071 for the three months ended March 31, 2025, compared to $785,928 for the same period in 2024.

Future Outlook and Strategy

  • Core Business Focus: The company is focused on completing a business combination with Huajin (China) Holdings Limited, with the merger agreement amended to extend the termination date to September 28, 2025.
  • Non-Core Business: The company has not commenced any operations outside of activities related to the prospective merger.
  • Priority: The company has extended the time available to complete the business combination by making deposits aggregating $690,000 into the Trust Account, extending the deadline to July 28, 2025.