LOKV: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, LOKV has $242,349,801 in assets. $32,191,204 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Deferred offering costs	-	-	-	0
Cash and cash equivalents	1,124,492	1,329,433	1,949,131	2,177,539
Due from sponsor	713	713	713	713
Prepaid expenses	80,417	86,667	119,072	149,376
Total current assets	1,205,622	1,416,813	2,068,916	2,327,628
Long-term prepaid insurance	-	14,167	35,417	56,667
Marketable securities held in trust account	241,144,179	239,042,295	236,758,340	234,310,386
Total assets	242,349,801	240,473,275	238,862,673	236,694,681

Promissory note - related party-Related Party	-	-	-	0
Accrued expenses	1,777,147	1,036,287	296,748	237,387
Accrued offering costs	75,000	75,000	79,615	79,615
Total current liabilities	1,852,147	1,111,287	376,363	317,002
Pipe subscription agreements liability	16,539,057	15,274,088	-	-
Deferred advisory fee	6,900,000	6,900,000	6,900,000	6,900,000
Deferred underwriting fee	6,900,000	6,900,000	6,900,000	6,900,000
Total liabilities	32,191,204	30,185,375	14,176,363	14,117,002
Class a ordinary shares subject to possible redemption 23,000,000 shares at redemption value of 10.48 and 10.39 per share as of march 31, 2026 and december 31, 2025, respectively	241,144,179	239,042,295	236,758,340	234,310,386
Ordinary shares, value	575	575	575	575
Ordinary shares, value-Common Class A	-	-	-	0
Additional paid-in capital	-	-	-	0
Accumulated deficit	-30,986,157	-28,754,970	-12,072,605	-11,733,282
Total shareholders deficit	-30,985,582	-28,754,395	-12,072,030	-11,732,707
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit	242,349,801	240,473,275	238,862,673	236,694,681

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