The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 252,755 | 120,923 | 569,295 | - |
| Income earned on marketable securities held in trust account | 330,541 | 487,012 | 1,461,302 | - |
| Accrued expenses | 48,499 | 70,985 | 112,024 | - |
| Other payable | - | 215,000 | 200,000 | - |
| Amounts due to a related party | - | - | 1,000 | - |
| Prepaid expense | -19,668 | -19,668 | 59,000 | - |
| Net cash used in operating activities | -9,619 | -61,436 | -219,695 | -418,288 |
| Cash deposited into trust account | -375,000 | - | - | - |
| Purchase of marketable securities held in trust account | - | 0 | 0 | 50,000,000 |
| Cash withdrawn from trust account to public stockholder redemption | 14,937,326 | - | - | - |
| Net cash used in investing activity | -15,312,326 | 0 | 0 | -50,000,000 |
| Repayment of promissory note to related party | - | 0 | 549,882 | -274,941 |
| Proceeds from sale of public units through public offerings, net of underwriters discount | - | 0 | 0 | 49,000,000 |
| Proceeds from ordinary shares issued in private placement | - | 0 | 0 | 2,200,000 |
| Proceeds from promissory note to related party | 375,000 | - | - | - |
| Payment of deferred offering costs | - | -13,024 | 13,024 | 214,143 |
| Cash withdrawn from trust account to public stockholder redemption | 14,937,326 | - | - | - |
| Net cash provided by financing activities | 15,312,326 | 13,024 | -13,024 | 50,710,916 |
| Net change in cash | -9,619 | -48,412 | -232,719 | 292,628 |
| Cash at the beginning of the period | 11,497 | 59,909 | 0 | - |
| Cash at the end of the period | 1,878 | 11,497 | 59,909 | - |
Ribbon Acquisition Corp. (RIBBU)
Ribbon Acquisition Corp. (RIBBU)