The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Compensation expense | - | 0 | 0 | 372,000 |
| Net income (loss) | 1,755,823 | 1,932,339 | 2,109,102 | -360,686 |
| Earnings from investments in trust account | 1,935,148 | 2,102,777 | 2,253,765 | 98,309 |
| Prepaid expenses | 46,164 | -44,961 | 124,978 | 37,750 |
| Accounts payable and accrued expenses | 42,159 | 46,891 | -66,246 | 109,477 |
| Net cash used in operating activities | -183,330 | -78,586 | -335,887 | -52,045 |
| Investment of cash in trust account | - | 0 | 0 | 215,625,000 |
| Net cash used in investing activities | - | 0 | 0 | -215,625,000 |
| Proceeds from issuance of class b ordinary shares to sponsor | - | 0 | 0 | 0 |
| Proceeds from sale of units, net of underwriting discounts paid | - | 0 | 0 | 211,312,500 |
| Proceeds from sale of private placement units | - | 0 | 0 | 6,062,500 |
| Overpayment on sponsor note payable | - | 0 | -105,500 | 130,500 |
| Repayment of advances from related party | - | 0 | 0 | 144,500 |
| Repayment of promissory note - related party | - | 0 | 0 | 25,000 |
| Proceeds from advances from related party | - | 0 | 0 | 144,500 |
| Payment of offering costs | - | 15,068 | 7,500 | 416,730 |
| Net cash provided by financing activities | - | -15,068 | 98,000 | 216,802,770 |
| Net change in cash | -183,330 | -93,654 | -237,887 | 1,125,725 |
| Cash beginning of period | 808,775 | - | 0 | - |
| Cash end of period | 625,445 | 808,775 | 902,429 | - |
LightWave Acquisition Corp. (LWACU)
LightWave Acquisition Corp. (LWACU)