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For the quarter ending 2026-03-31, RIBBU has $37,738,072 in assets. $3,030,502 in debts. $1,878 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
2.09%
Quick Ratio
2.09%
Cash Ratio
0.18%
Debt to Asset Ratio
8.03%
Unit: Dollar
Assets Breakdown
    • Cash and marketable securities h...
    • Prepaid expense
    • Cash
Liabilities Breakdown
    • Class a ordinary shares, 0.0001 ...
    • Deferred underwriting commission
    • Other payable
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Deferred offering costs
---0
Cash
1,878 11,497 59,909 292,628
Prepaid expense
19,664 39,332 59,000 59,000
Total current assets
21,542 50,829 118,909 351,628
Cash and marketable securities held in the trust
37,716,530 51,948,314 51,461,310 50,935,456
Total assets
37,738,072 51,999,143 51,580,219 51,287,084
Accrued expenses
240,502 192,002 -78,008
Other payable
415,000 415,000 --
Promissory note - related party
375,000 --0
Total current liabilities
1,030,502 607,002 -78,008
Deferred underwriting commission
2,000,000 2,000,000 -2,000,000
Total liabilities
3,030,502 2,607,002 -2,078,008
Class a ordinary shares, 0.0001 par value, 450,000,000 shares authorized, 3,563,133 shares subject to possible redemption as of march 31, 2026
35,062,690 49,736,459 -46,672,612
Ordinary shares value-Common Class A
22 22 -22
Ordinary shares value-Common Class B
125 125 -125
Additional paid-in capital
---2,039,469
Accumulated deficit
-355,267 -344,465 -496,848
Total shareholders deficit
-355,120 -344,318 -2,536,464
Total liabilities and shareholders deficit
37,738,072 51,999,143 51,580,219 51,287,084
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Prepaid expense$19,664 Cash$1,878 Cash and marketablesecurities held in the trust$37,716,530 Total current assets$21,542 Total assets$37,738,072 Accumulated deficit-$355,267 Total liabilities andshareholders deficit$37,738,072 Total shareholdersdeficit-$355,120 Ordinary sharesvalue-Common Class B$125 Ordinary sharesvalue-Common Class A$22 Class a ordinaryshares, 0.0001 par...$35,062,690 Total liabilities$3,030,502 Deferred underwritingcommission$2,000,000 Total currentliabilities$1,030,502 Other payable$415,000 Promissory note - relatedparty$375,000 Accrued expenses$240,502

Ribbon Acquisition Corp. (RIBBU)

Ribbon Acquisition Corp. (RIBBU)