ITHAU: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, ITHAU has $233,135,153 in assets. $9,875,619 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash	653,598	753,828	-
Prepaid expenses	138,686	205,037	-
Total current assets	792,284	958,865	-
Long-term prepaid expenses	87,551	118,331	-
Deferred offering costs	-	-	30,900
Cash and marketable securities held in trust account	232,255,318	230,296,082	-
Total assets	233,135,153	231,373,278	30,900

Accounts payable and accrued expenses	619	2,500	-
Accrued offering costs	-	86,500	5,000
Due to sponsor	-	8,468	-
Accrued offering costs	75,000	-	-
Accrued expenses	-	-	27,218
Total current liabilities	75,619	97,468	-
Promissory note - related party	-	-	11,320
Deferred underwriting fee	9,800,000	9,800,000	-
Total liabilities	9,875,619	9,897,468	43,538
Class a ordinary shares subject to possible redemption, 0.0001 par value 23,000,000 shares at redemption value of 10.10 and 10.01 per share as of march 31, 2026 or december 31, 2025, respectively	232,255,318	230,296,082	-
Common shares value issued	767	767	767
Additional paid-in capital	-	-	24,233
Accumulated deficit	-8,996,551	-8,821,039	-37,638
Total shareholders' deficit	-8,995,784	-8,820,272	-12,638
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders' deficit	233,135,153	231,373,278	30,900

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