KVACU: the balance sheet

MyFinsight

For the year ending 2025-12-31, KVACU has $57,039,871 in assets. $7,047,398 in debts. $11,206 in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash at bank	11,206
Prepayment	25,550
Total current assets	36,756
Cash and investments held in trust account	57,003,115
Total assets	57,039,871

Accrued expenses	73,496
Extension promissory note payable	2,668,022
Amount due to a related party	1,315,880
Total current liabilities	4,057,398
Deferred underwriting compensation	2,990,000
Total liabilities	7,047,398
Ordinary shares, 4,822,346 and 14,950,000 shares subject to possible redemption issued and outstanding as of december 31, 2025 and 2024, respectively	57,003,115
Ordinary shares, 0.0001 par value 500,000,000 shares authorized 4,416,075 shares issued and outstanding as of december 31, 2025 and 2024 (excluding 4,822,346 and 14,950,000 shares subject to possible redemption, respectively)	442
Accumulated deficit	-7,011,084
Total shareholders deficit	-7,010,642
Total liabilities and shareholders deficit	57,039,871

Unit: Dollar.