For the quarter ending 2025-09-30, AQUC has $1,572,483 in assets. $6,720,289 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | |
|---|---|---|---|---|
| Cash | 3,317 | 6,517 | 290 | |
| Prepaid income tax | 196,613 | 197,884 | 214,777 | |
| Total current assets | 199,930 | 204,401 | 215,067 | |
| Investments held in trust account | 1,372,553 | 1,310,117 | 9,394,896 | |
| Total noncurrent assets | 1,372,553 | 1,310,117 | 9,394,896 | |
| Total assets | 1,572,483 | 1,514,518 | 9,609,963 | |
| Other payable related party | 156,270 | 156,270 | 148,757 | |
| Other payable huture | 606,616 | 444,024 | 291,881 | |
| Accounts payable and accrued expenses | 817,701 | 887,149 | 855,238 | |
| Franchise tax payable | 3,511 | 5,811 | 11,311 | |
| Excise tax payable | 739,679 | 713,887 | 630,384 | |
| Promissory note-Huture | - | 212,396 | 160,000 | |
| Promissory note-Bestpath | - | 760,000 | 760,000 | |
| Promissory note related party-Related Party | 849,626 | 849,626 | 849,626 | |
| Promissory note huture | 260,990 | - | - | |
| Promissory note bestpath | 760,000 | - | - | |
| Total current liabilities | 4,194,393 | 4,029,163 | 3,707,197 | |
| Deferred underwriting fee payable | 2,525,896 | 2,525,896 | 2,525,896 | |
| Total liabilities | 6,720,289 | 6,555,059 | 6,233,093 | |
| Common stock subject to possible redemption, 0.0001 par value 10,000,000 shares authorized 107,987 shares and 805,352 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 1,372,553 | 1,310,117 | 9,394,896 | |
| Common stock, 0.0001 par value 10,000,000 shares authorized 1,623,060 shares issued and outstanding (excluding 107,987 shares and 805,352 shares subject to possible redemption at september 30, 2025 and december 31, 2024, respectively) | 163 | 163 | 163 | |
| Additional paid-in capital | - | 0 | 0 | |
| Accumulated deficit | -6,520,522 | -6,350,821 | -6,018,189 | |
| Total stockholders deficit | -6,520,359 | -6,350,658 | -6,018,026 | |
| Total liabilities, redeemable common stock and stockholders deficit | 1,572,483 | 1,514,518 | 9,609,963 | |
Aquaron Acquisition Corp. (AQUC)
Aquaron Acquisition Corp. (AQUC)