PAII-WT: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30
Cash	16,423	442,500	721,227
Prepaid expenses	505,644	301,930	294,030
Due from sponsor	NaN	NaN	353,445
Total current assets	522,067	744,430	1,368,702
Marketable securities held in trust account	205,815,112	204,013,247	202,044,257
Prepaid insurance - long term	24,565	45,228	66,349
Total assets	206,361,744	204,802,905	203,479,308

Accounts payable	89,357	38,948	NaN
Accrued expenses	70,000	25,000	25,000
Total current liabilities	159,357	63,948	25,000
Deferred underwriting fees payable	9,399,690	9,399,690	9,399,690
Total liabilities	9,559,047	9,463,638	9,424,690
Class a ordinary shares subject to possible redemption, 0.0001 par value 20,041,150 ordinary shares at 10.08 per share	NaN	204,013,247	202,044,257
Class a ordinary shares subject to possible redemption, 0.0001 par value 20,041,150 ordinary shares at 10.27 and 10.18 per share at march 31, 2026 and december 31, 2025, respectively	205,815,112	NaN	NaN
Ordinary shares, value	723	723	723
Share subscription receivable	353,445	353,445	NaN
Accumulated deficit	-8,659,693	-8,321,258	-7,990,362
Total shareholders deficit	-9,012,415	-8,673,980	-7,989,639
Total liabilities, ordinary shares subject to possible redemption, and shareholders deficit	206,361,744	204,802,905	203,479,308

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