| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Prepaid expense | - | 50,330 | ||
| Cash | 1,154,388 | 1,392,179 | ||
| Prepaid expense | 25,660 | - | ||
| Prepaid insurance | 98,356 | - | ||
| Total current assets | 1,278,404 | 1,442,509 | ||
| Long-term prepaid insurance | 63,325 | - | ||
| Cash and investments held in trust account | 233,324,664 | 230,868,152 | ||
| Total assets | 234,666,393 | 232,310,661 | ||
| Accrued offering costs | 75,000 | 75,000 | ||
| Accounts payable and accrued expenses | 54,589 | 41,979 | ||
| Due to affiliates | 3,668 | - | ||
| Promissory note - related party-Related Party | 301 | 301 | ||
| Total current liabilities | 133,558 | 117,280 | ||
| Deferred underwriting fee payable | 9,200,000 | 9,200,000 | ||
| Total liabilities | 9,333,558 | 9,317,280 | ||
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at a redemption value of 10.14 per share | 233,324,664 | 230,868,152 | ||
| Accumulated deficit-Common Class B | - | -7,875,604 | ||
| Ordinary shares value-Common Class A | 66 | 66 | ||
| Ordinary shares value-Common Class B | 767 | 767 | ||
| Accumulated deficit | -7,992,662 | - | ||
| Total shareholders deficit | -7,991,829 | -7,874,771 | ||
| Total liabilities and shareholders deficit | 234,666,393 | 232,310,661 | ||
Cal Redwood Acquisition Corp. (CRAQ)
Cal Redwood Acquisition Corp. (CRAQ)