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$IRAB
$10.01 +$0.00 (0.0%) Close

Balance sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
ASSETS
Deferred offering costs-non-current asset
Cash
Prepaid expense and insurance
Total Current Assets
Deferred offering costs
Long-term prepaid insurance
Cash held in Trust Account
TOTAL ASSETS
Current Liabilities
Accrued expenses
Accrued offering costs
Accounts payable and accrued expenses
Offering costs payable
Short-term loan
Promissory note - related party
Related Party
Total promissory note - related party
Total Current Liabilities
Deferred underwriting fee payable
Total Liabilities
Commitments and Contingencies (Note 5)
Class A ordinary shares subject to possible redemption, $0.0001 par value; 16,850,000 and no shares at a redemption value of $10.14 and $0 per share as of June 30, 2026 and December 31, 2025, respectively
Shareholders’ Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued or outstanding as of June 30, 2026 and December 31, 2025, respectively
Common stock value
Class A Ordinary Shares
Class B Ordinary Shares
Stock subscription receivable from Sponsor
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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