| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 2,684,336 | 998,635 |
| Earnings on marketable securities held in trust account | -2,966,068 | -1,164,886 |
| Operating expenses paid via promissory note - related party | 112,848 | 112,848 |
| Operating costs paid by sponsor from proceeds withdrawn from trust account | 267,669 | 205,981 |
| Prepaid insurance | 103,765 | 120,171 |
| Prepaid expenses and other current assets | 20,000 | - |
| Accrued expenses | 29,378 | 51,029 |
| Due to related party | 113,024 | 75,000 |
| Net cash provided by operating activities | 117,422 | 158,436 |
| Cash deposited into trust account | 172,500,000 | 172,500,000 |
| Net cash used in investing activities | -172,500,000 | -172,500,000 |
| Proceeds from sale of units, net of underwriting discounts paid | 168,188,119 | 168,188,119 |
| Proceeds from private placement warrants, less issuance costs | 5,051,690 | 3,830,250 |
| Proceeds from public warrants, less issuance costs | 323,195 | 323,195 |
| Net cash provided by financing activities | 173,563,004 | 172,341,564 |
| Net change in cash | 1,180,426 | 0 |
| Cash and cash equivalents at beginning of period | 0 | - |
| Cash and cash equivalents at end of period | 1,180,426 | - |
Real Asset Acquisition Corp. (RAAQU)
Real Asset Acquisition Corp. (RAAQU)