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FY2025
2 months to Dec 31, 2025
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|---|---|
| OPERATING ACTIVITIES | |
| Net loss | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| Changes in operating liabilities: | |
| Prepaid expenses and other current assets | |
| Accounts payable | |
| Accrued liabilities | |
| Net cash used in operating activities | |
| FINANCING ACTIVITIES | |
| Proceeds from sale of Class B ordinary shares to the Founder | |
| Proceeds from related party loan | |
| Payment of deferred offering costs | |
| Net cash provided by financing activities | |
| Net increase in cash | |
| Cash at, end of period | |
| Supplemental non-cash disclosure: | |
| Deferred offering costs included in accounts payable |
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