igtaw: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, IGTAW has $2,254,885 in assets. $6,874,473 in debts. $59,063 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-06-30
Prepaid expenses	7,500
Other receivable	50,000
Cash	59,063
Total current assets	116,563
Cash and investments held in trust account	2,138,322
Total assets	2,254,885

Income tax payable	194,267
Amount due to a related party-Related Party	654,491
Note payable related party-Related Party	1,540,000
Accrued liabilities	2,235,715
Total current liabilities	4,624,473
Deferred underwriting compensation	2,250,000
Total liabilities	6,874,473
Accumulated deficit	-6,758,174
Common stock, 0.0001 par value 26,000,000 shares authorized 2,637,500 shares issued and outstanding (excluding 176,662 and 279,990 shares, subject to possible redemption, respectively)	264
Total shareholders deficit	-6,757,910
Common stock, subject to possible redemption 176,662 and 279,990 shares (at redemption value of 12.10 and 12.88 per share, respectively)	2,138,322
Total liabilities, temporary equity and shareholders deficit	2,254,885