HCMAU: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, HCMAU has $260,387,527 in assets. $14,151,843 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	830,149	1,015,282	1,144,833	-
Prepaid expenses	68,417	8,284	34,191	20,000
Prepaid insurance	65,000	65,000	65,000	-
Total current assets	963,566	1,088,566	1,244,024	-
Long-term prepaid insurance	21,667	37,917	54,167	-
Deferred offering costs	-	-	-	397,682
Marketable securities held in trust account	259,402,294	257,298,929	254,727,160	-
Total assets	260,387,527	258,425,412	256,025,351	417,682

Accrued expenses	827,343	589,831	39,942	11,325
Accrued offering expenses	75,000	75,000	75,000	201,102
Total current liabilities	902,343	664,831	114,942	-
Deferred underwriting fee payable	12,045,000	12,045,000	12,045,000	-
Promissory note related party-Related Party	-	-	-	227,800
Advisory fee payable	1,204,500	1,204,500	1,204,500	-
Total liabilities	14,151,843	13,914,331	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 10.17 per share	-	257,298,929	254,727,160	-
Class a ordinary shares subject to possible redemption	259,402,294	-	-	-
Ordinary shares, value	843	843	843	844
Additional paid-in capital	-	-	-	24,156
Accumulated deficit	-13,167,453	-12,788,691	-12,067,094	-47,545
Total shareholders deficit	-13,166,610	-12,787,848	-12,066,251	-22,545
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit	260,387,527	258,425,412	256,025,351	417,682

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