Velos Acquisition I Corp.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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FY2024 · Filed Mar 28, 2025
VLOS$10.71+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheet
DECEMBER 31, 2024
| Assets: | |
|---|---|
| Current assets | |
| Cash | $821,188 |
| Prepaid expenses, current | 210,845 |
| Other | 41,250 |
| Total current assets | 1,073,283 |
| Long-term prepaid expense | 119,010 |
| Investments held in Trust Account | 294,617,243 |
| Total Assets | $295,809,536 |
| Liabilities and Shareholders’ Deficit: | |
| Current liabilities | |
| Accrued offering costs | $250,000 |
| Accrued expenses | 98,948 |
| Advance from related party | 378,757 |
| Total current liabilities | 727,705 |
| Deferred underwriting fee payable | 13,400,000 |
| Total Liabilities | 14,127,705 |
| Commitments and Contingencies | |
| Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of approximately $10.25 per share | 294,617,243 |
| Shareholders’ Deficit | |
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding | — |
| Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; none issued or outstanding (excluding 28,750,000 shares subject to possible redemption) | — |
| Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 7,187,500 shares issued and outstanding | 719 |
| Additional paid-in capital | — |
| Accumulated deficit | (12,936,131) |
| Total Shareholders’ Deficit | (12,935,412) |
| Total Liabilities and Shareholders’ Deficit | $295,809,536 |
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