| Balance Sheets | 2026-06-30 | 2026-03-31 | 2025-12-31 | |
|---|---|---|---|---|
| Cash | 814,444 | 1,023,362 | - | |
| Prepaid expense | 54,419 | 81,297 | - | |
| Prepaid expenses | - | - | 25,000 | |
| Prepaid insurance short-term | 72,500 | 72,500 | - | |
| Total current assets | 941,363 | 1,177,159 | 25,000 | |
| Prepaid insurance long-term | 42,292 | 60,417 | - | |
| Deferred offering costs | - | - | 135,959 | |
| Cash and marketable securities held in trust account | 291,161,379 | 288,511,298 | - | |
| Total assets | 292,145,034 | 289,748,874 | 160,959 | |
| Accrued expenses | 1,261,815 | 754,669 | 15,955 | |
| Accrued offering costs | 83,609 | 83,609 | 24,840 | |
| Promissory note related party | - | - | 154,819 | |
| Total current liabilities | 1,345,424 | 838,278 | 195,614 | |
| Deferred legal fee | 233,551 | 233,551 | - | |
| Advisory fee payable - non-current | 3,062,500 | 3,062,500 | - | |
| Deferred underwriting fee payable | 13,687,500 | 13,687,500 | - | |
| Total liabilities | 18,328,975 | 17,821,829 | 195,614 | |
| Class a ordinary shares subject to possible redemption, 28,750,000 shares at a redemption value of 10.13 and 0 per share as of june 30, 2026 and december 31, 2025, respectively | 291,161,379 | 288,511,298 | - | |
| Ordinary shares, value | 862 | 862 | 862 | |
| Additional paid-in capital | - | - | 24,138 | |
| Accumulated deficit | -17,346,182 | -16,585,115 | -59,655 | |
| Total shareholders deficit | -17,345,320 | -16,584,253 | -34,655 | |
| Total liabilities and shareholders deficit | 292,145,034 | 289,748,874 | 160,959 | |
HCM IV Acquisition Corp. (HACQU)
HCM IV Acquisition Corp. (HACQU)