For the year ending 2025-12-31, IXQWF has $9,160,696 in assets. $15,887,332 in debts. $178,975 in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash | 178,975 | |||
| Prepaid expenses | 25,750 | |||
| Due from aerkomm | 160,000 | |||
| Due from related party | 14,750 | |||
| Total current assets | 379,475 | |||
| Cash held in the trust account | 8,781,221 | |||
| Total assets | 9,160,696 | |||
| Accounts payable | 412,917 | |||
| Accrued expenses | 2,671,740 | |||
| Promissory note-related party | 3,955,175 | |||
| Total current liabilities | 7,039,832 | |||
| Derivative warrant liabilities | 2,797,500 | |||
| Deferred underwriting fee payable | 6,050,000 | |||
| Total non-current liabilities | 8,847,500 | |||
| Total liabilities | 15,887,332 | |||
| Class a ordinary shares subject to possible redemption, 0.0001 par value, at approximately 12.53 and 11.77 per share, respectively 701,043 and 1,610,373 shares issued and outstanding as of december 31, 2025 and 2024, respectively | 8,781,221 | |||
| Ordinary shares-Common Class A | 401 | |||
| Ordinary shares-Common Class B | 174 | |||
| Accumulated deficit | -15,508,432 | |||
| Total shareholders' deficit | -15,507,857 | |||
| Total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit | 9,160,696 | |||