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For the quarter ending 2026-02-28, IRHOR has $232,424,677 in assets. $11,129,546 in debts.

Balance Sheets Overview

Current Ratio
499.15%
Quick Ratio
499.15%
Debt to Asset Ratio
4.79%
Unit: Dollar
Assets Breakdown
    • Cash and investments held in tru...
    • Cash
    • Prepaid expenses
    • Long-term prepaid insurance
Liabilities Breakdown
    • Ordinary shares subject to possi...
    • Deferred underwriting fee
    • Accumulated deficit
    • Others

Balance Sheets
2026-02-28
Cash
718,100
Prepaid expenses
178,108
Total current assets
896,208
Long-term prepaid insurance
66,613
Cash and investments held in trust account
231,461,856
Total assets
232,424,677
Accounts payable and accrued expenses
102,784
Accrued offering costs
75,000
Due to sponsor
1,762
Total current liabilities
179,546
Deferred underwriting fee
10,950,000
Total liabilities
11,129,546
Ordinary shares subject to possible redemption, 0.0001 par value 23,000,000 and no shares at redemption value of 10.06 and 0 per share at february 28, 2026 and november 30, 2025, respectively
231,461,856
Ordinary shares, 0.0001 par value 50,000,000 shares authorized 6,320,000 and 5,750,000 shares issued and outstanding (excluding 23,000,000 and no shares subject to possible redemption) at february 28, 2026 and november 30, 2025, respectively
632
Accumulated deficit
-10,167,357
Total shareholders deficit
-10,166,725
Total liabilities, ordinary shares subject to possible redemption, and shareholders deficit
232,424,677
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Cash$718,100 Prepaid expenses$178,108 Cash and investmentsheld in trust account$231,461,856 Total current assets$896,208 Long-term prepaidinsurance$66,613 Total assets$232,424,677 Accumulated deficit-$10,167,357 Total liabilities,ordinary shares subject...$232,424,677 Total shareholdersdeficit-$10,166,725 Ordinary shares, 0.0001par value...$632 Ordinary shares subjectto possible...$231,461,856 Total liabilities$11,129,546 Deferred underwritingfee$10,950,000 Total currentliabilities$179,546 Accounts payable andaccrued expenses$102,784 Accrued offering costs$75,000 Due to sponsor$1,762