| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,144,833 | - | ||
| Prepaid expenses | 34,191 | 20,000 | ||
| Prepaid insurances | 65,000 | - | ||
| Total current assets | 1,244,024 | - | ||
| Long term prepaid insurance | 54,167 | - | ||
| Deferred offering costs | - | 397,682 | ||
| Marketable securities held in trust account | 254,727,160 | - | ||
| Total assets | 256,025,351 | 417,682 | ||
| Accrued expenses | 39,942 | 11,325 | ||
| Accrued offering expenses | 75,000 | 201,102 | ||
| Total current liabilities | 114,942 | - | ||
| Deferred underwriting fee payable | 12,045,000 | - | ||
| Promissory note related party-Related Party | - | 227,800 | ||
| Advisory fee payable, non-current | 1,204,500 | - | ||
| Total liabilities | 13,364,442 | 440,227 | ||
| Preferred shares, value | - | 0 | ||
| Ordinary shares, value-Common Class A | - | 0 | ||
| Class a ordinary shares subject to possible redemption, 25,300,000 shares at a redemption value of 10.07 per share-Common Class A | 254,727,160 | - | ||
| Ordinary shares, value-Common Class B | 843 | 844 | ||
| Additional paid-in capital | - | 24,156 | ||
| Accumulated deficit | -12,067,094 | -47,545 | ||
| Total shareholders deficit | -12,066,251 | -22,545 | ||
| Total liabilities and shareholders deficit | 256,025,351 | 417,682 | ||
HCM III ACQUISITION CORP. (HCMA)
HCM III ACQUISITION CORP. (HCMA)