| Balance Sheets | 2025-06-30 | 2025-03-31 | ||
|---|---|---|---|---|
| Cash | 885 | - | ||
| Prepaid expense and other | 3,930 | - | ||
| Total current assets | 4,815 | 0 | ||
| Cash held in trust account | 1,168,644 | - | ||
| Total assets | 1,173,459 | 0 | ||
| Accounts payable and accrued expenses | 1,265,056 | - | ||
| Income taxes payable | 955,887 | - | ||
| Excise tax payable | 913,292 | - | ||
| Promissory notes - evie | 1,003,995 | - | ||
| Due to related parties | 2,153,962 | - | ||
| Total current liabilities | 6,292,192 | - | ||
| Warrant liability | 25,984 | - | ||
| Redemptions payable | 972,722 | - | ||
| Deferred underwriters discount | 225,000 | - | ||
| Total liabilities | 7,515,898 | - | ||
| Common stock subject to possible redemption 16,353 and 324,748 at redemption value on june 30, 2025 and december 31, 2024, respectively | 608,298 | - | ||
| Common stock, par value 0.01 authorized100,000,000shares issued 4,061,166 and 4,286,248 shares and outstanding2,524,000and 2,524,000 shares (excluding16,353 and 324,748 shares subject to redemption and 1,437,500 treasury stock shares) on june 30, 2025 and december 31, 2024, respectively | 39,615 | - | ||
| Accumulated deficit | -6,975,977 | - | ||
| Less treasury stock at cost1,437,500common shares | 14,375 | - | ||
| Total stockholders deficit | -6,950,737 | - | ||
| Total liabilities, redeemable common stock and stockholders deficit | 1,173,459 | 0 | ||
VisionWave Holdings, Inc. (VWAV)
VisionWave Holdings, Inc. (VWAV)