PAII: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, PAII has $206,361,744 in assets. $9,559,047 in debts.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash	16,423	442,500	721,227	-
Prepaid expenses	505,644	301,930	294,030	-
Due from sponsor	-	-	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	-
Deferred offering costs	-	-	-	217,104
Prepaid insurance - long term	24,565	45,228	66,349	-
Total assets	206,361,744	204,802,905	203,479,308	217,104

Accounts payable	89,357	38,948	-	19,120
Accrued expenses	70,000	25,000	25,000	199,984
Promissory note related party-Related Party	-	-	-	75,000
Total current liabilities	159,357	63,948	25,000	294,104
Deferred underwriting fees payable	9,399,690	9,399,690	9,399,690	-
Ordinary shares, value-Common Class A	-	-	-	0
Total liabilities	9,559,047	9,463,638	9,424,690	-
Preference shares, value	-	-	-	0
Class a ordinary shares subject to possible redemption, 0.0001 par value 20,041,150 ordinary shares at 10.08 per share	-	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	-	-	-
Ordinary shares, value	723	723	723	726
Additional paid-in capital	-	-	-	24,274
Share subscription receivable	353,445	353,445	-	-
Accumulated deficit	-8,659,693	-8,321,258	-7,990,362	-102,000
Total shareholders deficit	-9,012,415	-8,673,980	-7,989,639	-77,000
Total liabilities, ordinary shares subject to possible redemption, and shareholders deficit	206,361,744	204,802,905	203,479,308	217,104

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