For the quarter ending 2026-03-31, LWACU has $222,829,375 in assets. $7,742,379 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 625,445 | 808,775 | 902,429 | 1,140,316 |
| Due from sponsor | 25,000 | 25,000 | 25,000 | 130,500 |
| Prepaid expenses | 74,547 | 10,507 | 37,194 | 37,750 |
| Prepaid insurance | 72,500 | 72,500 | 72,500 | - |
| Total current assets | 797,492 | 916,782 | 1,037,123 | 1,308,566 |
| Long-term prepaid insurance | 16,884 | 34,760 | 53,034 | - |
| Investments held in trust account | 222,014,999 | 220,079,851 | 217,977,074 | 215,723,309 |
| Total assets | 222,829,375 | 221,031,393 | 219,067,231 | 217,031,875 |
| Accounts payable and accrued expenses | 120,504 | 78,345 | 31,454 | 97,700 |
| Accrued offering costs | 75,000 | 75,000 | 90,068 | 97,568 |
| Total current liabilities | 195,504 | 153,345 | 121,522 | 195,268 |
| Deferred underwriting fee payable | 7,546,875 | 7,546,875 | 7,546,875 | 7,546,875 |
| Total liabilities | 7,742,379 | 7,700,220 | 7,668,397 | 7,742,143 |
| Class a ordinary shares subject to possible redemption, 21,562,500 shares at redemption value of 10.30 and 10.21 per share as of march 31, 2026 and december 31, 2025, respectively | 222,014,999 | 220,079,851 | 217,977,074 | 215,723,309 |
| Ordinary shares-Common Class A | 61 | 61 | 61 | 61 |
| Ordinary shares-Common Class B | 791 | 791 | 791 | 791 |
| Accumulated deficit | -6,928,855 | -6,749,530 | -6,579,092 | -6,434,429 |
| Total shareholders deficit | -6,928,003 | -6,748,678 | -6,578,240 | -6,433,577 |
| Total liabilities, class a ordinary shares subject to possible redemption and shareholders deficit | 222,829,375 | 221,031,393 | 219,067,231 | 217,031,875 |
LightWave Acquisition Corp. (LWACU)
LightWave Acquisition Corp. (LWACU)