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Balance Sheet

In millions of USD, except per-share amounts
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
Current assets:
Cash
Prepaid expenses
Due from related party
Deferred offering costs
Total Current Assets
Cash and marketable securities held in Trust Account
TOTAL Current Asset
Current liabilities
Accounts payable and accrued expenses
Accrued offering costs
Due to related party
Promissory note – related party
Total Current Liabilities
Deferred underwriting commission
Class A ordinary shares subject to possible redemption, 8,625,000 shares at redemption value of $10.38 and $10.28 per share at March 31, 2025 and December 31, 2024, respectively
Shareholders’ Deficit
Ordinary shares value
Class A Ordinary Shares
Class B Ordinary Shares
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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