IPVV: the balance sheet

MyFinsight

Balance Sheets	2026-06-30
Cash	1,019,105
Prepaid expenses	21,175
Short-term prepaid insurance	62,500
Total current assets	1,102,780
Long-term prepaid insurance	57,813
Cash and marketable securities held in trust account	201,700,034
Total assets	202,860,627

Accrued expenses	21,521
Total current liabilities	21,521
Deferred underwriting fee	8,575,000
Total liabilities	8,596,521
Class a ordinary shares subject to possible redemption, 0.0001 par value 20,125,000 and no shares at redemption value of 10.02 and 0 per share as of june 30, 2026 and december 31, 2025, respectively	201,700,034
Ordinary shares, value-Common Class A	54
Ordinary shares, value-Common Class B	503
Accumulated deficit	-7,436,485
Total shareholders (deficit) equity	-7,435,928
Total liabilities and shareholders (deficit) equity	202,860,627

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