| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Prepaid taxes | 149,702 | 144,502 | ||
| Cash | - | 711 | ||
| Total current assets | 149,702 | 145,213 | ||
| Restricted cash held in trust account | 6,424,722 | 12,249,440 | ||
| Total assets | 6,574,424 | 12,394,653 | ||
| Due to stockholders for redemption of common stock | - | 11,242,981 | ||
| Accounts payable and accrued expenses | 3,461,227 | 3,174,499 | ||
| Due to affiliates-Due To Affiliates | 503,663 | 473,663 | ||
| Bank overdraft | 233 | - | ||
| Income taxes payable | 178,374 | 163,839 | ||
| Excise tax payable and interest and penalties | 879,876 | 890,702 | ||
| Convertible promissory notes related party-Related Party | 2,296,371 | 2,296,371 | ||
| Working capital loans related party | 2,608,430 | 2,501,714 | ||
| Total current liabilities | 9,928,174 | 20,743,769 | ||
| Deferred underwriting fee payable | 2,704,690 | 2,704,690 | ||
| Total liabilities | 12,632,864 | 23,448,459 | ||
| Common stock subject to possible redemption, 0.0001 par value, 564,337 shares at redemption value of 11.33 per share at september 30, 2025 and 1,082,789 shares at redemption value of 11.22 per share at december 31, 2024, respectively | 6,395,277 | 986,349 | ||
| Common stock 0.0001 par value 100,000,000 shares authorized 2,283,976 shares issued and outstanding at september 30, 2025 and december 31, 2024 (excluding 564,337 shares at september 30, 2025 and 1,082,789 shares at december 31, 2024 subject to redemption) | 228 | 228 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -12,453,945 | -12,040,383 | ||
| Total stockholders deficit | -12,453,717 | -12,040,155 | ||
| Total liabilities, redeemable common stock, and stockholders deficit | 6,574,424 | 12,394,653 | ||
Welsbach Technology Metals Acquisition Corp. (WTMA)
Welsbach Technology Metals Acquisition Corp. (WTMA)