LWAC: the balance sheet

MyFinsight

For the year ending 2025-12-31, LWAC has $221,031,393 in assets. $7,700,220 in debts.

Balance Sheets	2025-12-31
Cash	808,775
Due from sponsor	25,000
Prepaid expenses	10,507
Prepaid insurance	72,500
Total current assets	916,782
Long-term prepaid insurance	34,760
Investments held in trust account	220,079,851
Total assets	221,031,393

Accounts payable and accrued expenses	78,345
Accrued offering costs	75,000
Total current liabilities	153,345
Deferred underwriting fee payable	7,546,875
Total current liabilities	7,700,220
Class a ordinary shares subject to possible redemption, 21,562,500 shares at redemption value of 10.21 per share	220,079,851
Ordinary shares-Common Class A	61
Ordinary shares-Common Class B	791
Accumulated deficit	-6,749,530
Total shareholders deficit	-6,748,678
Total liabilities and shareholders deficit	221,031,393

Unit: Dollar.