FTRA-WT: the balance sheet

MyFinsight

Balance Sheets	2026-06-30
Cash	1,003,716
Prepaid expenses	17,452
Short-term prepaid insurance	130,918
Total current assets	1,152,086
Long-term prepaid insurance	121,462
Investments held in trust account	230,490,916
Total assets	231,764,464

Accounts payable and accrued expenses	23,809
Accrued offering expenses	85,000
Due to related parties	6,400
Total current liabilities	115,209
Deferred legal fees	25,594
Deferred underwriting fee payable	9,800,000
Total liabilities	9,940,803
Class a ordinary shares subject to possible redemption, 23,000,000 shares at a redemption value of 10.02 per share	230,490,916
Ordinary shares, value	575
Accumulated deficit	-8,667,830
Total shareholders deficit	-8,667,255
Total liabilities, class a ordinary shares subject to possible redemption and shareholders deficit	231,764,464

Unit: Dollar. Numbers labeled with * are estimated quarterly values.