橡木林收购公司-A 2025年季度报告

EndedMarch31,20252024Cash Flows from Operating Activities: Adjustments to reconcile net (loss) income to net cash used in operating activities:Interest income earned on investments held in Trust Account(498,071)(785,928)Changes in fair value of warrant liabilities(5,000)Changes in operating assets and liabilities:Other current assets— Cash Flows from Investing Activities:Purchase of investments held in Trust Account(862,500)Redemption of investment held in Trust Account7,859,455Net cash provided by investing activities6,996,955 Payment of redemption of public shares Net change in cash(1,451)(329,089)Cash at beginning of period4,637Cash at end of period$3,186$Supplemental disclosure of non-cash financing activities: 4 Note1—Organization, Business Operation and Going Concern ConsiderationOak Woods Acquisition Corporation (the “Company”) is a blank check company incorporated as a Cayman Islands exemptedcompany on March11, 2022. The Company was formed for the purpose of entering into a merger, stock exchange, asset acquisition,share purchase, recapitalization, reorganization or similar business combination with one or more businesses (the “BusinessCombination”). “Founder”). Pursuant to the terms of the Merger Agreement, and subject to the satisfaction or waiver of certain conditions set forththerein, Merger Sub will merge with and into Huajin (the “Merger”), with Huajin surviving the merger in accordance with theCompanies Act (As Revised) of the Cayman Islands as a wholly- owned subsidiary of the Company.As of March 31, 2025, the Company had not commenced any operations, except as related to the prospective Merger. All otheractivities for the three months ended March 31, 2025 were related to entering into a merger, stock exchange, asset acquisition, sharepurchase, recapitalization, reorganization or similar business combination withoneor more businesses. The Company will not The Company’s founder and sponsor, Whale Bay International Company Limited is a British Virgin Islands (“BVI”) company (the“Sponsor”).The registration statementfor the Company’s IPO became effective on March 23, 2023. On March 28, 2023, the Companyconsummated the IPO of5,750,000units (the “Public Units’), including the full exercise of the over-allotment option of750,000Unitsgranted to the underwriters. The Public Units were sold at an offering price of $10.00per unit generating gross proceeds of$57,500,000, which is described in Note 3. Simultaneously with the IPO, the Company sold to its Sponsor343,125units at $10.00perunit (the “Private Units”) in a private placement generating total gross proceeds of $3,431,250, which is described in Note 4. EachUnit consists of one Class A ordinary share of the Company, par value $0.0001per share (the “Shares”), one redeemable warrantentitling its holder to purchase one Share at a price of $11.50per Share, and one right to receive one-sixth (1/6) of one share upon theconsummation of the Company’s initial business combination. conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and that investonly in direct U.S. government treasury obligations. These funds will not be released until the earlier of the completion of the initialBusiness Combination and the liquidation due to the Company’s failure to complete a Business Combination within the applicableperiod of time. The proceeds deposited in the Trust Account could become subject to the claims of the Company’s creditors, if any, the Trust Account.5 Business Combination with one or more target businesses whose fair market value significantly exceeds80% of the Trust Accountbalance. If the Company is no longer listed on Nasdaq, it will not be required to satisfy the80% test. The Company will only completea Business Combination if the post-transaction company owns or acquires50% or more of the outstanding voting securities of the called to approve the Business Combination or (ii)by means of a tender offer. The decision as to whether the Company will seekshareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. ThePublic Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account(initially $10.175per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously releasedto the Company to pay its tax obligations). The Public Shares subject to redemption will be recorded at a redemption value andclassified as temporary equity upon the completion of the IPO in accordance with the Accounting Standards Codification (“ASC”) voted are voted in favor of the Business Combination. If a shareholder vote is not required by law and the Company does not decide tohold a shareholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Certificate ofIncorporation (the “Amended and Restate