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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
ASSETS
Current Assets:
Cash
Cash in escrow
Prepaid expenses
Total Current Assets
Deferred offering costs
Cash and Investments held in trust account
TOTAL ASSETS
LIABILITIES AND SHAREHOLDERS’ DEFICIT
Current Liabilities:
Accrued liabilities
Due to related party
Promissory note – related party
Promissory note
Other payable
Total Current Liabilities
Deferred Underwriting Compensation
TOTAL LIABILITIES
Ordinary shares subject to possible redemption, 143,382 and 6,900,000 shares issued and outstanding at redemption value of $11.15 and $10.48 as of September 30, 2025 and December 31, 2024, respectively
Shareholders’ Deficit:
Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 2,063,000 and 2,063,000 shares issued and outstanding (excluding 143,382 and 6,900,000 shares, subject to possible redemption as of September 30, 2025 and December 31, 2024, respectively)
Additional paid-in capital
Accumulated Deficit
Total Shareholders’ Deficit
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT

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