| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 667,204 | 850,918 | ||
| Prepaid insurance | 157,146 | 157,146 | ||
| Prepaid expenses | 33,676 | 58,982 | ||
| Total current assets | 858,026 | 1,067,046 | ||
| Long-term prepaid insurance | 65,478 | 104,764 | ||
| Deferred offering costs | - | 0 | ||
| Marketable securities held in trust account | 235,582,297 | 233,146,503 | ||
| Total assets | 236,505,801 | 234,318,313 | ||
| Ipo promissory note related party-Related Party | - | 0 | ||
| Accounts payable and accrued expenses | 2,644,201 | 1,376,426 | ||
| Accrued offering costs | 75,000 | 84,295 | ||
| Total current liabilities | 2,719,201 | 1,460,721 | ||
| Deferred underwriting fee | 10,950,000 | 10,950,000 | ||
| Total liabilities | 13,669,201 | 12,410,721 | ||
| Class a ordinary shares subject to possible redemption, 0.0001 par value 23,000,000 and 0 shares at redemption value of 10.24 and 0.00 per share as of september 30, 2025 and december 31, 2024, respectively-Common Class A | 235,582,297 | 233,146,503 | ||
| Ordinary shares, value-Common Class A | 60 | 60 | ||
| Ordinary shares, value-Common Class B | 767 | 767 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -12,746,524 | -11,239,738 | ||
| Total shareholders deficit | -12,745,697 | -11,238,911 | ||
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 236,505,801 | 234,318,313 | ||
Fifth Era Acquisition Corp I (FERAU)
Fifth Era Acquisition Corp I (FERAU)