| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Prepaid expenses | - | 224,651 | ||
| Cash | - | 1,003,946 | ||
| Total current assets | - | 1,228,597 | ||
| Long-term prepaid insurance | - | 124,551 | ||
| Marketable securities held in trust account | - | 251,199,623 | ||
| Deferred offering costs | - | 0 | ||
| Total assets | 0 | 252,552,771 | ||
| Promissory note - related party-Related Party | - | 0 | ||
| Accrued expenses | - | 579,443 | ||
| Accounts payable and accrued expenses | 120,374 | - | ||
| Accrued offering expenses | - | 85,000 | ||
| Promissory note, related party | 209,097 | - | ||
| Total current liabilities | 329,471 | 664,443 | ||
| Deferred legal fee | - | 12,271 | ||
| Total liabilities | 329,471 | 676,714 | ||
| Accumulated deficit | -329,471 | - | ||
| Class a ordinary shares subject to possible redemption, 25,000,000 shares at a redemption value of 10.05 and 0 per share at june 30, 2025 and december 31, 2024, respectively-Common Class A | - | 251,199,623 | ||
| Total stockholders deficit | -329,471 | - | ||
| Total liabilities and stockholders deficit | 0 | 252,552,771 | ||
ProCap Financial, Inc. (BRRWW)
ProCap Financial, Inc. (BRRWW)