NOEMW: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, NOEMW has $72,082,991 in assets. $2,152,111 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Prepaid expenses	-	95,333	145,417	167,691
Cash	26,108	287,601	343,499	469,288
Prepaid income tax	46,906	-	-	-
Prepaid expenses	138,916	-	-	-
Total current assets	211,930	382,934	488,916	636,979
Long-term prepaid insurance	-	-	8,333	33,333
Investments held in trust account	71,871,061	72,113,895	71,424,875	70,686,381
Total assets	72,082,991	72,496,829	71,922,124	71,356,693

Accounts payable and accrued expenses	70,381	142,278	97,810	115,716
Accrued offering costs	-	75,000	75,000	75,000
Income tax payable	-	576,103	438,129	289,597
Working capital note related party	11,730	11,730	11,730	11,730
Total current liabilities	82,111	805,111	622,669	492,043
Deferred underwriting fee	2,070,000	2,070,000	2,070,000	2,070,000
Total liabilities	2,152,111	2,875,111	2,692,669	2,562,043
Common stock subject to possible redemption, 6,900,000 shares issued and outstanding at redemption value of 10.42 and 10.35 per share as of march 31, 2026 and december 31, 2025, respectively	71,888,383	71,410,223	70,891,177	70,332,415
Common stock, 0.0001 par value 40,000,000 shares authorized 2,685,750 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively (excluding 6,900,000 shares subject to possible redemption)	269	269	269	269
Additional paid-in capital	-	-	-	0
Accumulated deficit	-1,957,772	-1,788,774	-1,661,991	-1,538,034
Total stockholders deficit	-1,957,503	-1,788,505	-1,661,722	-1,537,765
Total liabilities, common stock subject to possible redemption and stockholders deficit	72,082,991	72,496,829	71,922,124	71,356,693

Unit: Dollar. Numbers labeled with * are estimated quarterly values.