ALPHATIME ACQUISITION CORP ORD USD0.0001 (SUB/RIGHTS) | 10-Q: FY2025 Q3 Revenue: USD 0

LB filings
2025.11.18 22:20

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

EBIT: As of FY2025 Q3, the actual value is USD -163.26 K.

Segment Revenue

  • The company has not generated any operating revenues as of September 30, 2025, and will not generate any until the completion of its initial business combination.

Operational Metrics

  • For the three months ended September 30, 2025, the company reported a net income of $165,713, which includes income of $1,227 from formation and operating costs offset by income earned on investment held in Trust Account of $164,486.
  • For the nine months ended September 30, 2025, the company reported a net income of $156,367, which includes a loss of $472,179 from formation and operating costs offset by income earned on investment held in Trust Account of $628,546.

Cash Flow

  • As of September 30, 2025, the company had a cash balance of $1,281 and a working capital deficit of $3,941,880.
  • Net cash provided by operating activities for the nine months ended September 30, 2025, was $154,795.
  • Net cash used in investing activities for the nine months ended September 30, 2025, was - $154,939.

Unique Metrics

  • The company has investments held in a Trust Account amounting to $16,023,769 as of September 30, 2025.

Future Outlook and Strategy

  • Core Business Focus: The company plans to complete a business combination and has extended the deadline multiple times, with the latest extension allowing up to October 4, 2025. The company has entered into a merger agreement with HCYC Group Company Limited, which is expected to be consummated after obtaining the required approvals.
  • Non-Core Business: The company has entered into Securities Purchase Agreements with accredited investors for a PIPE Financing of $11.5 million, which is expected to close concurrently with the business combination.
Source: LB filings The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.