QSEAR: the balance sheet

MyFinsight

For the quarter ending 2025-08-31, QSEAR has $84,628,640 in assets. $3,596,112 in debts.

Unit: Dollar

Balance Sheets	2025-08-31
Cash	106,772
Prepaid expenses	99,567
Total current assets	206,339
Prepaid expenses	49,810
Investments held in trust account	84,372,491
Total assets	84,628,640

Accounts payable and accrued expenses	284,112
Total current liabilities	284,112
Deferred underwriting fee payable	3,312,000
Total liabilities	3,596,112
Ordinary shares subject to possible redemption, 8,280,000 shares and 0 shares at redemption value of 10.19 and 0 per share as of august31, 2025 and november 30, 2024, respectively	84,372,491
Ordinary shares, 0.0001 par value 500,000,000 shares authorized 3,129,900 shares and 2,898,000 issued and outstanding, respectively as of august31, 2025 and november 30, 2024 (excluding 8,280,000 and 0 shares subject to possible redemption as of august31, 2025 and november 30, 2024, respectively)	313
Accumulated deficit	-3,340,276
Total shareholders (deficit) equity	-3,339,963
Total liabilities, ordinary shares subject to possible redemption and shareholders (deficit) equity	84,628,640