| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 9,068 | 225,929 | ||
| Prepaid expenses and other assets | 43,249 | 94,869 | ||
| Prepaid franchise and income taxes | 17,298 | - | ||
| Total current assets | 69,615 | 320,798 | ||
| Investments held in trust account | 18,933,453 | 18,716,360 | ||
| Total assets | 19,003,068 | 19,037,158 | ||
| Income tax payable | - | 66,050 | ||
| Promissory note km quad | - | 1,040,000 | ||
| Due to related party - administrative fee | 30,000 | 20,000 | ||
| Due to related party-Related Party | 100,000 | 50,000 | ||
| Accounts payable and accrued expenses | 634,739 | 709,660 | ||
| Excise tax payable | 551,522 | - | ||
| Franchise tax payable | - | 18,266 | ||
| Promissory note-Related Party | 100,000 | - | ||
| Excise tax payable | - | 551,522 | ||
| Promissory note-Nonrelated Party | 1,040,000 | - | ||
| Total current liabilities | 2,456,261 | 2,455,498 | ||
| Deferred underwriting fee payable | 2,415,000 | 2,415,000 | ||
| Total liabilities | 4,871,261 | 4,870,498 | ||
| Common stock subject to possible redemption, 0.0001 par value 20,000,000 shares authorized 1,700,703 and 6,900,000 shares issued and outstanding at redemption value of 11.18 and 10.60 as of september 30, 2025 and december 31, 2024, respectively | 19,015,323 | 18,696,615 | ||
| Common stock, 0.0001 par value 20,000,000 shares authorized 2,047,045 shares issued and outstanding (excluding 1,700,703 and 6,900,000 shares subject to possible redemption as of september 30, 2025 and december 31, 2024, respectively) | 204 | 204 | ||
| Accumulated deficit | -4,883,720 | -4,530,159 | ||
| Total stockholders deficit | -4,883,516 | -4,529,955 | ||
| Total liabilities and stockholders deficit | 19,003,068 | 19,037,158 | ||
Quetta Acquisition Corp (QETA)
Quetta Acquisition Corp (QETA)