Why did JVSA's expenses surge in Q3 2024?

The net income of JVSA in Q3 2024 was $626,883, with a diluted EPS of $0.08. However, the company's operating expenses, research and development expenses, and selling, general and administrative expenses are not available.

|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|JVSA|JVSA.O|JVSPAC Acquisition|2023 Q4||-26574||186|
|JVSA|JVSA.O|JVSPAC Acquisition|2024 Q1||330961|0.0546|186|
|JVSA|JVSA.O|JVSPAC Acquisition|2024 Q2||441182|0.0574|186|
|JVSA|JVSA.O|JVSPAC Acquisition|2024 Q3||626883|0.0816|186|

Given the limited financial data, it is challenging to ascertain the exact reasons for JVSA's expense fluctuations during this period. However, we can speculate that the company's ongoing merger activities and the extension of the combination period with Hotel101 Global until July 23, 2025, as announced on April 14, 2025, might have incurred additional costs related to negotiations, legal fees, and potential restructuring expenses. These factors could have collectively contributed to any observed surge in JVSA's expenses during Q3 2024.