Convertible promissory note payable former sponsor
2,912,000
2,912,000
2,912,000
Convertible promissory note payable current sponsors
3,687,325
2,977,325
2,977,325
Total current liabilities
7,059,692
6,093,695
6,166,039
Derivative warrant liabilities
18,207,600
14,793,675
27,311,400
Deferred underwriting commission
-
865,000
865,000
Total liabilities
25,267,292
21,752,370
34,342,439
Class a ordinary shares subject to possible redemption 489,887 shares (at redemption value of 13.19 and 12.95 at march 31, 2026 and december 31, 2025, respectively)
6,463,122
6,344,916
6,210,376
Ordinary shares-Common Class A
534
534
534
Ordinary shares-Common Class B
11
11
11
Accumulated deficit
-25,227,376
-21,650,611
-33,927,604
Total shareholders' deficit
-25,226,831
-21,650,066
-33,927,059
Liabilities, ordinary shares subject to possible redemption and shareholders' deficit
6,503,583
6,447,220
6,625,756
Unit: Dollar. Numbers labeled with * are estimated quarterly values.
Time Plot
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