The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 2,109,102 | -407,872 |
| Earnings from investments in trust account | 2,253,765 | 98,309 |
| Compensation expense | 0 | 372,000 |
| Prepaid expenses | 124,978 | 37,750 |
| Accounts payable and accrued expenses | -66,246 | 109,477 |
| Net cash used in operating activities | -335,887 | -62,454 |
| Investment of cash in trust account | 0 | 215,625,000 |
| Net cash used in investing activities | 0 | -215,625,000 |
| Proceeds from issuance of class b ordinary shares to sponsor | 0 | 25,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 0 | 211,312,500 |
| Proceeds from sale of private placement units | 0 | 6,062,500 |
| Overpayment on sponsor note payable | -105,500 | 130,500 |
| Repayment of advances from related party | 0 | 144,500 |
| Repayment of promissory note - related party | 0 | 25,000 |
| Proceeds from advances from related party | 0 | 144,500 |
| Payment of offering costs | 7,500 | 416,730 |
| Net cash provided by financing activities | 98,000 | 216,827,770 |
| Net change in cash | -237,887 | 1,140,316 |
| Cash and cash equivalents at beginning of period | 0 | - |
| Cash and cash equivalents at end of period | 902,429 | - |
LightWave Acquisition Corp. (LWAC)
LightWave Acquisition Corp. (LWAC)