RAC: the balance sheet

MyFinsight

For the year ending 2025-09-30, RAC has $236,870,253 in assets. $8,101,261 in debts. $551,200 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30
Cash	551,200
Due from related party	36,010
Prepaid expenses	29,437
Short-term prepaid insurance	187,500
Total current assets	804,147
Long-term prepaid insurance	77,009
Cash held in trust account	235,989,097
Total assets	236,870,253

Accrued expenses	51,261
Total current liabilities	51,261
Deferred underwriting fee payable	8,050,000
Total liabilities	8,101,261
Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of 10.26 per share-Classa Ordinary Shares Subject To Redemption	235,989,097
Ordinary shares-Common Class A	66
Ordinary shares-Common Class B	575
Accumulated deficit	-7,220,746
Total shareholders' deficit	-7,220,105
Total liabilities, class a ordinary shares subject to possible redemption, and shareholders' deficit	236,870,253