For the quarter ending 2025-06-30, EMCGW has $26,824,687 in assets. $6,749,659 in debts.
| Balance Sheets | 2025-06-30 | |||
|---|---|---|---|---|
| Prepaid expenses | 42,500 | |||
| Cash | 469 | |||
| Total current assets | 42,969 | |||
| Cash and investments held in trust account | 26,781,718 | |||
| Total assets | 26,824,687 | |||
| Convertible promissory note related party | 851,112 | |||
| Accounts payable and accrued expenses | 1,556,560 | |||
| Promissory note third party | 56,927 | |||
| Due to third party | 1,175,000 | |||
| Due to related party | 144,060 | |||
| Total current liabilities | 3,783,659 | |||
| Deferred underwriter fee payable | 2,966,000 | |||
| Total liabilities | 6,749,659 | |||
| Accumulated deficit | -6,706,920 | |||
| Ordinary shares, par value 0.0001 500,000,000 shares authorized 2,295,893 (excluding 2,224,131 shares subject to redemption, respectively) issued and outstanding as of june 30, 2025 and december 31, 2024, respectively | 230 | |||
| Total stockholders deficit | -6,706,690 | |||
| Ordinary shares subject to possible redemption, 2,224,131 shares issued and outstanding at redemption value of 12.04 and 11.73 per share as of june 30, 2025 and december 31, 2024, respectively | 26,781,718 | |||
| Total liabilities and stockholders deficit | 26,824,687 | |||
Embrace Change Acquisition Corp. (EMCGW)
Embrace Change Acquisition Corp. (EMCGW)