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$FWAC
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Balance sheets

In millions of USD, except per-share amounts
Jun 2026
As of Jun 30, 2026
Assets:
Current Assets
Cash
Advance-related party
Prepaid expenses
Total Current Assets
Investments held in Trust Account
Deferred offering costs
Total Assets
Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Equity
Current Liabilities
Due to related party
Accounts payable and accrued expenses
Total Current Liabilities
Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 8,625,000 shares subject to possible redemption
Shareholders’ Equity
Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 4,214,375 and 3,700,125 shares issued and outstanding as of June 30, 2026 and March 31, 2026, respectively (excluding 8,625,000 shares subject to possible redemption)
Additional paid-in capital
Accumulated deficit
Total Shareholders’ Equity
Total Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Equity

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