MSSAF: the balance sheet

MyFinsight

For the year ending 2025-12-31, MSSAF has $1,025,667 in assets. $8,213,507 in debts.

Balance Sheets	2025-12-31
Prepaid expense	20,322
Total current assets	20,322
Marketable securities held in trust account	1,005,345
Total noncurrent assets	1,005,345
Total assets	1,025,667

Accrued expenses	574,541
Due to related parties	1,591,563
Promissory notes-related party	3,172,403
Total current liabilities	5,338,507
Deferred underwriting commissions	2,875,000
Total noncurrent liabilities	2,875,000
Total liabilities	8,213,507
Ordinary shares subject to possible redemption, 60,523 and 552,451 shares at redemption value of 17.02 and 12.09 per share as of december 31, 2025 and december 31, 2024, respectively	1,030,345
Ordinary shares, par value 0.001, authorized 50,000,000 shares 3,205,000 and 3,205,000 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively, excluding 60,523 and 552,451 shares subject to possible redemption at december 31, 2025 and december 31, 2024, respectively	3,205
Accumulated deficit	-8,221,390
Total shareholders deficit	-8,218,185
Total liabilities, redeemable ordinary shares and shareholders deficit	1,025,667

Unit: Dollar.