For the quarter ending 2026-03-31, JWSMF has $1,530,671 in assets. $7,333,832 in debts. $428,524 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 428,524 | 60,829 | 114,029 | 38,297 |
| Prepaid expenses | 34,581 | 15,396 | 32,826 | 22,971 |
| Total current assets | 463,105 | 76,225 | 146,855 | 61,268 |
| Cash held in trust account | 1,067,566 | 1,061,576 | 1,056,106 | 1,049,122 |
| Total assets | 1,530,671 | 1,137,801 | 1,202,961 | 1,110,390 |
| Accrued expenses | 1,229,811 | 1,169,888 | 1,126,379 | 1,395,847 |
| Advance from related party | 1,485,000 | 1,485,000 | 1,485,000 | 1,485,000 |
| Total current liabilities | 2,714,811 | 2,654,888 | 2,611,379 | 2,880,847 |
| Promissory notes - related party | 2,257,771 | 1,822,000 | 1,822,000 | 1,400,000 |
| Working capital loan - related parties | 500,000 | 500,000 | 500,000 | 500,000 |
| Warrant liabilities | 1,861,250 | 2,233,500 | 1,116,750 | 1,116,750 |
| Total liabilities | 7,333,832 | 7,210,388 | 6,050,129 | 5,897,597 |
| Class a ordinary shares subject to possible redemption, 89,480 shares at approximately 11.93 and 11.86 per share redemption value as of march 31, 2026 and december 31, 2025, respectively | 1,067,566 | 1,061,576 | 1,056,106 | 1,049,122 |
| Ordinary shares-Common Classa Not Subject To Redemption | 2,550 | 2,550 | 2,550 | 2,550 |
| Ordinary shares-Common Class B | 38 | 38 | 38 | 38 |
| Accumulated deficit | -6,873,315 | -7,136,751 | -5,905,862 | -5,838,917 |
| Total shareholders' deficit | -6,870,727 | -7,134,163 | -5,903,274 | -5,836,329 |
| Total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit | 1,530,671 | 1,137,801 | 1,202,961 | 1,110,390 |
Jaws Mustang Acquisition Corp (JWSMF)
Jaws Mustang Acquisition Corp (JWSMF)