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Consolidated balance sheets

In millions of USD, except per-share amounts
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
ASSETS
Current Assets:
Cash
Prepaid expenses
Other current assets
Due from Sponsor
Cash and cash equivalents
Prepaid expenses and other current assets
Total Current Assets
Other assets
Marketable securities held in Trust Account
Deferred offering costs
Total Assets
LIABILITIES, COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION AND STOCKHOLDERS’ DEFICIT
Accounts payable and accrued expenses
Advances from related party
Overallotment liability
Accrued Income Taxes
Accrued franchise tax payable
Income taxes payable
Excise tax payable attributable to redemption of common stock
Due to Sponsor
Sponsor working capital loan
Promissory note - related party
Total Current Liabilities
Deferred underwriting commission
Total Liabilities
Class A common stock subject to possible redemption; 380,875 and 5,147,934 shares issued and outstanding at redemption value of $11.63 and $10.80 per share at December 31, 2024 and 2023, respectively
Common Class A
Total class A common stock subject to possible redemption; 380,875 and 5,147,934 shares issued and outstanding at redemption value of $11.63 and $10.80 per share at December 31, 2024 and 2023, respectively
Stockholders’ deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Common Stock, Value, Issued
Common Class A
Common Class B
Additional paid-in capital
Accumulated deficit
Total Stockholders’ Deficit
Total Liabilities, Common Stock Subject to Possible Redemption and Stockholders’ Deficit

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