HCMAW: the balance sheet

MyFinsight

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

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash and cash equivalents	830,149	1,015,282	1,144,833
Prepaid expenses	68,417	8,284	34,191
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
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

Accrued expenses	827,343	589,831	39,942
Accrued offering expenses	75,000	75,000	75,000
Total current liabilities	902,343	664,831	114,942
Deferred underwriting fee payable	12,045,000	12,045,000	12,045,000
Advisory fee payable	1,204,500	1,204,500	1,204,500
Total liabilities	14,151,843	13,914,331	13,364,442
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
Accumulated deficit	-13,167,453	-12,788,691	-12,067,094
Total shareholders deficit	-13,166,610	-12,787,848	-12,066,251
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit	260,387,527	258,425,412	256,025,351

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