IACQ: the balance sheet

MyFinsight

Balance Sheets	2026-06-30
Cash	1,019,463
Prepaid expenses	60,117
Prepaid insurance, current portion	116,250
Total current assets	1,195,830
Prepaid insurance, net of current portion	96,875
Marketable securities held in trust account	254,059,864
Total assets	255,352,569

Accrued expenses	68,604
Accrued offering costs	75,000
Total current liabilities	143,604
Deferred underwriting fee payable	10,101,275
Total liabilities	10,244,879
Class a ordinary shares subject to possible redemption, 25,253,188 shares at a redemption value of 10.06 per share	254,059,864
Ordinary shares-Classa Common Stock Not Subject To Redemption	71
Ordinary shares-Common Class B	631
Accumulated deficit	-8,952,876
Total shareholders' deficit	-8,952,174
Total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit	255,352,569

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