Cash held in trust account restricted for redeeming stockholders
2,594,214
-
-
Total current assets
2,664,430
53,697
350,399
Cash held in trust account
1,132,603
3,561,690
3,349,591
Total assets
3,797,033
3,615,387
3,699,990
Income tax payable
522,168
479,279
479,279
Due to affiliate
277,000
277,000
607,000
Promissory note-Related Party
0
0
-
Promissory note-Third Party
450,000
30,000
-
Promissory note related party
-
-
4,445,458
Convertible note - related party, net of debt discount
4,631,437
4,179,808
-
Accounts payable
204,675
143,440
79,886
Redeemed stock payable to stockholders
2,594,214
-
-
Franchise tax payable
243,506
259,906
209,906
Excise tax liability
1,600,984
1,477,147
1,313,485
Total current liabilities
10,523,984
6,846,580
7,135,014
Warrant liabilities
22,800
4,275
2,736
Deferred underwriting fee payable
4,025,000
4,025,000
4,025,000
Total liabilities
14,571,784
10,875,855
11,162,750
Accumulated deficit
-12,322,170
-11,428,274
-10,689,719
Common stock, 0.001 par value 500,000,000 shares authorized 3,445,000 shares issued and outstanding at june 30, 2025 and december 31, 2024 (excluding 72,601 and 277,511 shares subject to possible redemption, respectively)
3,445
3,445
3,445
Additional paid-in capital
613,937
778,748
-
Total stockholders deficit
-11,704,788
-10,646,081
-10,686,274
Common stock subject to possible redemption, 0.001 par value, 72,601 and 277,511 shares at redemption value of 12.81 and 11.62 per share, respectively, at june 30, 2025 and december 31, 2024
930,037
3,385,613
3,223,514
Liabilities, redeemable common stock and stockholders deficit
3,797,033
3,615,387
3,699,990
Unit: Dollar. Numbers labeled with * are estimated quarterly values.
Time Plot
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