SOCAU: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, SOCAU has $178,815,109 in assets. $7,708,325 in debts. $1,097,917 in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-09-30	2025-06-30
Cash and cash equivalents	1,097,917	1,266,950	8,273
Prepaid expenses current	136,250	95,000	0
Total current assets	1,234,167	1,361,950	8,273
Prepaid expenses non-current	21,048	57,298	-
Deferred offering costs	-	-	449,737
Cash and cash equivalents held in trust account	177,559,894	174,260,001	-
Total assets	178,815,109	175,679,249	458,010

Accrued offering costs	-	-	341,483
Accrued expenses	118,780	91,188	8,440
Accounts payable	12,150	5,513	12,758
Due to related party	227,395	47,395	-
Total current liabilities	358,325	144,096	-
Promissory note related party	-	-	147,343
Deferred underwriting commissions	7,350,000	7,350,000	-
Total liabilities	7,708,325	7,494,096	510,024
Class a ordinary shares subject to possible redemption, 0.0001 par value 17,250,000 shares issued and outstanding at an approximate redemption value of 10.29 and 10.20 at march 31, 2026 and december 31, 2025, respectively	177,559,894	174,260,001	-
Common stock, value, issued-Common Class A	45	45	0
Common stock, value, issued-Common Class B	575	575	575
Additional paid-in capital	0	0	24,425
Accumulated deficit	-6,453,730	-6,075,468	-77,014
Total shareholders deficit	-6,453,110	-6,074,848	-52,014
Total liabilities, class a ordinary shares subject to redemption, and shareholders deficit	178,815,109	175,679,249	458,010

Unit: Dollar. Numbers labeled with * are estimated quarterly values.