The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 569,295 | - |
| Income earned on marketable securities held in trust account | 1,461,302 | - |
| Accrued expenses | 112,024 | - |
| Other payable | 200,000 | - |
| Amounts due to a related party | 1,000 | - |
| Prepaid expense | 59,000 | - |
| Net cash used in operating activities | -219,695 | -418,288 |
| Purchase of marketable securities held in trust account | 0 | 50,000,000 |
| Net cash used in investing activities | 0 | -50,000,000 |
| Repayment of promissory note to related party | 274,941 | -274,941 |
| Proceeds from sale of public units through public offerings, net of underwriters discount | 0 | 49,000,000 |
| Proceeds from ordinary shares issued in private placement | 0 | 2,200,000 |
| Payment of offering costs | 13,024 | 214,143 |
| Net cash provided by financing activities | -13,024 | 50,710,916 |
| Net change in cash | -232,719 | 292,628 |
| Cash and cash equivalents at beginning of period | 0 | - |
| Cash and cash equivalents at end of period | 59,909 | - |
Ribbon Acquisition Corp. (RIBB)
Ribbon Acquisition Corp. (RIBB)