| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 114,029 | 38,297 | ||
| Prepaid expenses | 32,826 | 22,971 | ||
| Total current assets | 146,855 | 61,268 | ||
| Cash held in trust account | 1,056,106 | 1,049,122 | ||
| Total assets | 1,202,961 | 1,110,390 | ||
| Accrued expenses | 1,126,379 | 1,395,847 | ||
| Advance from related parties | 1,485,000 | 1,485,000 | ||
| Total current liabilities | 2,611,379 | 2,880,847 | ||
| Promissory notes - related party | 1,822,000 | 1,400,000 | ||
| Working capital loan - related party | 500,000 | 500,000 | ||
| Warrant liabilities | 1,116,750 | 1,116,750 | ||
| Total liabilities | 6,050,129 | 5,897,597 | ||
| Class a ordinary shares subject to possible redemption, 89,480 shares at approximately 11.80 and 11.57 per share redemption value as of september 30, 2025 and december 31, 2024, respectively-Common Classa Subject To Redemption | 1,056,106 | 1,049,122 | ||
| Ordinary shares-Common Classa Not Subject To Redemption | 2,550 | 2,550 | ||
| Ordinary shares-Common Class B | 38 | 38 | ||
| Accumulated deficit | -5,905,862 | -5,838,917 | ||
| Total shareholders' deficit | -5,903,274 | -5,836,329 | ||
| Total liabilities, class a ordinary shares subject to possible redemption and shareholders' deficit | 1,202,961 | 1,110,390 | ||
Jaws Mustang Acquisition Corp (JWSMF)
Jaws Mustang Acquisition Corp (JWSMF)