| Cash Flow | 2026-06-30 | 2026-03-31 | 2025-12-31 |
|---|---|---|---|
| Net loss | 1,889,014 | -2,946,856 | - |
| Payment of general and administrative costs through promissory note related party | 0 | 30,955 | - |
| Interest earned on cash and marketable securities held in trust account | 2,650,081 | 1,011,298 | - |
| Prepaid insurance | -18,125 | 132,917 | - |
| Prepaid expenses | -26,878 | -3,680 | - |
| Advisory fee payable non-current | 0 | -3,062,500 | - |
| Accrued expenses | 507,146 | 738,714 | - |
| Net cash used in operating activities | -208,918 | -255,222 | 0 |
| Investment of cash in trust account | 0 | 287,500,000 | - |
| Net cash used in investing activities | 0 | -287,500,000 | - |
| Proceeds from sale of units, net of underwriting discounts paid | 0 | -282,500,000 | - |
| Proceeds from sale of private placements warrants | 0 | 7,000,000 | - |
| Repayment of promissory note - related party | 0 | 371,062 | - |
| Payment of offering costs | 0 | 350,354 | - |
| Net cash provided by financing activities | 0 | 288,778,584 | - |
| Net change in cash | -208,918 | 1,023,362 | 0 |
| Cash beginning of period | - | - | 0 |
| Cash end of period | - | 1,023,362 | 0 |
HCM IV Acquisition Corp. (HACQU)
HCM IV Acquisition Corp. (HACQU)