For the quarter ending 2026-03-31, FERAU has $240,526,236 in assets. $14,714,091 in debts. $370,084 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 370,084 | 543,258 | 667,204 | 850,918 |
| Prepaid insurance | 65,750 | 157,146 | 157,146 | 157,146 |
| Prepaid expenses | 144,051 | 2,500 | 33,676 | 58,982 |
| Total current assets | 579,885 | 702,904 | 858,026 | 1,067,046 |
| Long-term prepaid insurance | - | 26,191 | 65,478 | 104,764 |
| Deferred offering costs | - | - | - | 0 |
| Marketable securities held in trust account | 239,946,351 | 237,854,908 | 235,582,297 | 233,146,503 |
| Total assets | 240,526,236 | 238,584,003 | 236,505,801 | 234,318,313 |
| Ipo promissory note related party-Related Party | - | - | - | 0 |
| Accounts payable and accrued expenses | 3,764,091 | 3,038,559 | 2,644,201 | 1,376,426 |
| Accrued offering costs | - | 75,000 | 75,000 | 84,295 |
| Total current liabilities | 3,764,091 | 3,113,559 | 2,719,201 | 1,460,721 |
| Deferred underwriting fee | 10,950,000 | 10,950,000 | 10,950,000 | 10,950,000 |
| Total liabilities | 14,714,091 | 14,063,559 | 13,669,201 | 12,410,721 |
| Class a ordinary shares subject to possible redemption, 0.0001 par value 23,000,000 shares at redemption value of 10.43 and 10.34 per share as of march 31, 2026 and december 31, 2025, respectively | 239,946,351 | 237,854,908 | 235,582,297 | 233,146,503 |
| Ordinary shares, value-Common Class A | 60 | 60 | 60 | 60 |
| Ordinary shares, value-Common Class B | 767 | 767 | 767 | 767 |
| Additional paid-in capital | - | - | - | 0 |
| Accumulated deficit | -14,135,033 | -13,335,291 | -12,746,524 | -11,239,738 |
| Total shareholders deficit | -14,134,206 | -13,334,464 | -12,745,697 | -11,238,911 |
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 240,526,236 | 238,584,003 | 236,505,801 | 234,318,313 |
Fifth Era Acquisition Corp I (FERAU)
Fifth Era Acquisition Corp I (FERAU)