| Balance Sheets | 2025-09-30 | |||
|---|---|---|---|---|
| Cash | 350,389 | |||
| Due from sponsor | 4,466 | |||
| Short-term prepaid insurance | 75,208 | |||
| Prepaid expenses | 31,594 | |||
| Total current assets | 461,657 | |||
| Marketable securities held in trust account | 242,642,972 | |||
| Total assets | 243,104,629 | |||
| Accrued expenses | 3,539,988 | |||
| Advance from related party-Related Party | 338,002 | |||
| Promissory note - related party-Related Party | 400,000 | |||
| Total current liabilities | 4,277,990 | |||
| Deferred underwriting fee | 10,720,000 | |||
| Total liabilities | 14,997,990 | |||
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of 10.55 and 10.23 per share at september 30, 2025 and december 31, 2024, respectively | 242,642,972 | |||
| Ordinary shares, value-Common Class B | 575 | |||
| Accumulated deficit | -14,536,908 | |||
| Total shareholders deficit | -14,536,333 | |||
| Total liabilities and shareholders deficit | 243,104,629 | |||
Terrestrial Energy Inc. DE (IMSRW)
Terrestrial Energy Inc. DE (IMSRW)