IPFXW: the balance sheet

MyFinsight

Balance Sheets	2026-06-30
Cash	1,754,303
Prepaid expenses	129,263
Prepaid insurance	155,899
Forward contract	957,000
Total current assets	2,996,465
Long-term prepaid insurance	114,410
Investments held in trust account	254,777,090
Total assets	257,887,965

Accounts payable and accrued expenses	1,853,888
Accrued offering costs	75,000
Total current liabilities	1,928,888
Deferred underwriting fee payable	12,045,000
Total liabilities	13,973,888
Class a ordinary shares subject to possible redemption, 0.0001 par value 25,300,000 and no shares at redemption value of 10.07 and 0.00 per share as of june 30, 2026 and december 31, 2025, respectively	254,777,090
Ordinary shares, value	843
Accumulated deficit	-10,863,856
Total shareholders deficit	-10,863,013
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit	257,887,965

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