ADACW: the balance sheet

MyFinsight

For the year ending 2025-12-31, ADACW has $231,646,618 in assets. $9,909,672 in debts.

Balance Sheets	2025-12-31
Cash	1,414,047
Prepaid expenses	3,350
Total current assets	1,417,397
Cash and marketable securities held in trust account	230,229,221
Total assets	231,646,618

Accrued offering costs	75,000
Accrued expenses	32,803
Due to sponsor	1,869
Total current liabilities	109,672
Deferred underwriting fee	9,800,000
Total liabilities	9,909,672
Class a ordinary shares subject to possible redemption, 0.0001 par value 23,000,000 shares at redemption value of 10.00 per share	230,029,221
Ordinary shares	575
Accumulated deficit	-8,292,850
Total shareholders' deficit	-8,292,275
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders' deficit	231,646,618

Unit: Dollar.