ethm: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, ETHM has $172,498,210 in assets. $27,583,152 in debts.

Unit: Dollar

Balance Sheets	2025-09-30
Cash	482,352
Due from sponsor	155
Prepaid expenses	99,435
Total current assets	581,942
Long-term prepaid insurance	12,250
Investments held in trust account	171,904,018
Total assets	172,498,210

Accounts payable and accrued expenses	3,355,152
Accrued offering costs	75,000
Total current liabilities	3,430,152
Warrant liability	17,513,000
Deferred underwriting fee	6,640,000
Total liabilities	27,583,152
Class a ordinary shares subject to possible redemption, 16,600,000 shares at redemption value of 10.36 and 10.07 per share as of september 30, 2025 and december 31, 2024, respectively	171,904,018
Ordinary shares, value-Common Class B	553
Accumulated deficit	-26,989,513
Total shareholders deficit	-26,988,960
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit	172,498,210