HCMAW: the balance sheet

MyFinsight

For the year ending 2025-12-31, HCMAW has $258,425,412 in assets. $13,914,331 in debts.

Balance Sheets	2025-12-31
Cash and cash equivalents	1,015,282
Prepaid expenses	8,284
Prepaid insurance	65,000
Total current assets	1,088,566
Long-term prepaid insurance	37,917
Marketable securities held in trust account	257,298,929
Total assets	258,425,412

Accrued expenses	589,831
Accrued offering expenses	75,000
Total current liabilities	664,831
Deferred underwriting fee payable	12,045,000
Advisory fee payable	1,204,500
Total liabilities	13,914,331
Class a ordinary shares subject to possible redemption, 25,300,000 shares at a redemption value of 10.17 per share	257,298,929
Ordinary shares, value	843
Accumulated deficit	-12,788,691
Total shareholders deficit	-12,787,848
Total liabilities and shareholders deficit	258,425,412

Unit: Dollar.