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Balance sheets

In millions of USD, except per-share amounts
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Assets
Current assets
Cash
Prepaid expenses
Total Current Assets
Deferred offering costs
Cash held in Trust Account
Total Assets
Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit
Current liabilities
Accrued expenses
Promissory note - related party
Accounts payable and accrued expenses
Promissory notes - related party
Total Current Liabilities
Redeemed stock payable to public stockholders
Deferred underwriting fee payable
Warrant liabilities
Total Liabilities
Class A ordinary shares subject to possible redemption 1,348,096 and 2,249,422 shares at redemption value of $12.46 and $11.72 as of September 30, 2025 and December 31, 2024, respectively
Class A ordinary shares subject to possible redemption
Total class A ordinary shares subject to possible redemption 1,348,096 and 2,249,422 shares at redemption value of $12.46 and $11.72 as of September 30, 2025 and December 31, 2024, respectively
Shareholders' Deficit
Ordinary shares
Class A ordinary shares
Class A ordinary shares not subject to possible redemption
Total class A ordinary shares
Common Class B
Additional paid-in capital
Accumulated deficit
Total Shareholders' Deficit
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit

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