For the quarter ending 2026-02-28, BKHAR has $24,821,943 in assets. $4,701,432 in debts.
| Balance Sheets | 2026-02-28 | 2025-08-31 | ||
|---|---|---|---|---|
| Cash | 178,407 | 15,000 | ||
| Prepaid expenses | 2,945 | 29,530 | ||
| Total current assets | 181,352 | 44,530 | ||
| Investments held in trust account | 24,640,591 | 23,296,572 | ||
| Total assets | 24,821,943 | 23,341,102 | ||
| Derivative liability - conversion option | - | 2,140 | ||
| Due to target company | 1,015,988 | 400,000 | ||
| Due to related party | 7,400 | - | ||
| Accounts payable and accrued expenses | 232,772 | - | ||
| Accrued offering costs and expenses | - | 193,952 | ||
| Accrued interest expenses | 32,906 | - | ||
| Convertible note - related party | 997,366 | 350,076 | ||
| Total current liabilities | 2,286,432 | 946,168 | ||
| Deferred underwriting fee payable | 2,415,000 | 2,415,000 | ||
| Total liabilities | 4,701,432 | 3,361,168 | ||
| Class a ordinary shares subject to possible redemption, 0.0001 par value 500,000,000 shares authorized 2,124,077 shares and 6,900,000 shares issued and outstanding at redemption value of 11.60 and 11.22 as of february 28, 2026 and november 30, 2025, respectively | 24,640,591 | 23,296,572 | ||
| Class a ordinary shares, 0.0001 par value 450,000,000 shares authorized 2,029,500 shares issued and outstanding | 203 | - | ||
| Ordinary shares value-Common Class A | - | 203 | ||
| Additional paid-in capital | 4,538 | - | ||
| Accumulated deficit | -4,524,821 | -3,316,841 | ||
| Total shareholders deficit | -4,520,080 | -3,316,638 | ||
| Total liabilities and shareholders deficit | 24,821,943 | 23,341,102 | ||
Black Hawk Acquisition Corp (BKHAR)
Black Hawk Acquisition Corp (BKHAR)