For the quarter ending 2025-06-30, DNQWF has $562,462 in assets. $11,156,451 in debts.
| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Prepaid expenses | 14,018 | |||
| Cash on hand | 126 | |||
| Total current assets | 14,144 | |||
| Cash and investments held in trust | 548,318 | |||
| Total assets | 562,462 | |||
| Promissory note - others | 1,398,107 | |||
| Accrued interest expense - others | 78,224 | |||
| Promissory note - related party-Related Party | 1,590,007 | |||
| Accrued interest expense - related party-Related Party | 110,237 | |||
| Accounts payable and accrued offering costs and expenses | 5,092,376 | |||
| Total current liabilities | 8,268,951 | |||
| Deferred underwriter compensation | 2,887,500 | |||
| Total liabilities | 11,156,451 | |||
| Accumulated deficit | -11,142,564 | |||
| Ordinary shares, value-Common Class B | 206 | |||
| Ordinary shares, value-Common Class A | 51 | |||
| Total shareholders deficit | -11,142,307 | |||
| Class a ordinary shares subject to possible redemption 43,739 and 751,837 shares at redemption value of 12.54 and 12.00 per share as of june 30, 2025 and december 31, 2024, respectively | 548,318 | |||
| Total liabilities and shareholders deficit | 562,462 | |||
Denali Capital Acquisition Corp. (DNQWF)
Denali Capital Acquisition Corp. (DNQWF)