rracf: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, RRACF has $31,748,130 in assets. $34,767,779 in debts. $59,865 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-06-30
Prepaid expenses	0
Cash	59,865
Total current assets	59,865
Cash and investments held in the trust account	31,688,265
Total assets	31,748,130

Accrued offering costs	378,324
Convertible promissory notes - related parties	14,809,371
Accounts payable and accrued expenses	5,285,857
Total current liabilities	20,473,552
Deferred underwriting commission	0
Derivative liabilities	14,294,227
Total liabilities	34,767,779
Accumulated deficit	-34,708,664
Ordinary shares, value, issued-Common Class B	750
Ordinary shares, value, issued-Common Class A	0
Additional paid-in capital	0
Total shareholders deficit	-34,707,914
Class a ordinary shares subject to possible redemption 2,640,370 and 7,129,558 shares (at redemption value of 12.00 and 11.68 per share as of june30, 2025 and december 31, 2024, respectively)	31,688,265
Total liabilities, ordinary shares subject to possible redemption and shareholders deficit	31,748,130