Meridian3 Industrials Acquisition Corp
For the period ended Sep 30, 2026. Filed Nov 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 4, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheet as of September 30, 2026 (Unaudited)
BALANCE SHEET
(UNAUDITED)
| | | | |
|---|---|---|---|
| Assets | | | |
| Current Assets · · | |||
| Cash and cash equivalents | | $1,051,153 | |
| Prepaid expenses | | 176,450 | |
| Total Current Assets | | 1,227,603 | |
| | | | |
| Long-term prepaid insurance | | | 108,750 |
| Cash and investments held in Trust Account | | | 202,988,936 |
| Total Assets | | $204,325,289 | |
| | | | |
| Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit | | | |
| Current Liabilities | | | |
| Accrued expenses | | $13,390 | |
| Accrued expenses – related party | | | 60,000 |
| Accrued offering costs | | 81,936 | |
| Total Current Liabilities | | 155,326 | |
| | | | |
| Deferred underwriting fee payable | | | 8,575,000 |
| Total Liabilities | | | 8,730,326 |
| | | | |
| Commitments and contingencies (Note 6) | | | |
| | | | |
| Class A ordinary shares subject to possible redemption, 20,125,000 shares at redemption value of $10.09 per share | | | 202,988,936 |
| | | | |
| Shareholders’ Deficit | | | |
| Preference shares, $0.0001 par value; 1,750,000 shares authorized; none issued or outstanding | | — | |
| Class A ordinary shares, $0.0001 par value; 175,000,000 shares authorized; none issued or outstanding (excluding 20,125,000 Class A ordinary shares subject to possible redemption) | | — | |
| Class B ordinary shares, $0.0001 par value; 17,500,000 shares authorized; 5,031,250 shares issued and outstanding | | 503 | |
| Additional paid-in capital | | — | |
| Accumulated deficit | | (7,394,476) | |
| Total Shareholders’ Deficit | | (7,393,973) | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit | | $204,325,289 | |
STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026 AND FOR THE PERIOD FROM MAY 11, 2026 (INCEPTION) THROUGH SEPTEMBER 30, 2026
| | | | | | | |
|---|---|---|---|---|---|---|
| · · · · For the Period from | ||||||
| · · For the Three · · May 11, 2026 | ||||||
| · · Months Ended · · (Inception) through | ||||||
| · · September 30, 2026 · · September 30, 2026 | ||||||
| Formation, general, and administrative costs | | $246,656 | | $299,983 | ||
| Loss from operations | | | (246,656) | | | (299,983) |
| | | | | | | |
| Other income: | | | | | | |
| Interest and dividends earned on cash and investments held in Trust Account | | | 1,738,936 | | | 1,738,936 |
| Interest earned on operating account | | | 8,030 | | | 8,030 |
| Total other income | | | 1,746,966 | | | 1,746,966 |
| | | | | | | |
| Net income | | $1,500,310 | | $1,446,983 | ||
| | | | | | | |
| Weighted average shares outstanding, Class A ordinary shares | | | 18,812,500 | | | 12,188,380 |
| Basic and diluted net income per share, Class A ordinary shares | | $0.06 | | $0.09 | ||
| | | | | | | |
| Weighted average shares outstanding, Class B ordinary shares – basic (1) | | 4,988,451 | | | 4,772,447 | |
| | | | | | | |
| Weighted average shares outstanding, Class B ordinary shares – diluted | | | 5,031,250 | | | 4,800,176 |
| | | | | | | |
| Basic and diluted net income per share, Class B ordinary shares | | $0.06 | | $0.09 | ||
| (1) | Excludes, for the period prior to July 6, 2026, an aggregate of up to 656,250 Class B ordinary shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriter (see Note 5). On July 6, 2026, the underwriter exercised its over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 656,250 Founder Shares are no longer subject to forfeiture. |
STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026 AND FOR THE PERIOD FROM MAY 11, 2026 (INCEPTION) THROUGH SEPTEMBER 30, 2026
| | | | | | | | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Class A · · Class B · · · · · · Total | |||||||||||||||||||
| · · Ordinary Shares · · Ordinary Shares(1) · · Additional · · Accumulated · · Shareholders’ | |||||||||||||||||||
| · · Shares · · Amount · · Shares · · Amount · · Paid-in Capital · · Deficit · · Deficit | |||||||||||||||||||
| Balance - May 11, 2026 (Inception) | — | $— | — | $— | $— | $— | $— | ||||||||||||
| | | | | | | | | | | | | | | | | | | | |
| Issuance of Class B ordinary shares (1) | — | | | — | | 5,031,250 | | | 503 | | | 24,497 | | | — | | | 25,000 | |
| | | | | | | | | | | | | | | | | | | | |
| Net loss | — | | | — | | — | | | — | | | — | | | (53,327) | | | (53,327) | |
| | | | | | | | | | | | | | | | | | | | |
| Balance — June 30, 2026 (Unaudited) | — | $— | 5,031,250 | $503 | $24,497 | $(53,327) | $(28,327) | ||||||||||||
| | | | | | | | | | | | | | | | | | | | |
| Sale of 5,500,000 Private Placement Warrants | | — | | | — | | — | | | — | | | 5,500,000 | | | — | | | 5,500,000 |
| | | | | | | | | | | | | | | | | | | | |
| Fair value of Warrants included in Public units | | — | | | — | | — | | | — | | | 5,272,750 | | | — | | | 5,272,750 |
| | | | | | | | | | | | | | | | | | | | |
| Allocated value of transaction costs to Public and Private Placement Warrants | | — | | | — | | — | | | — | | | (345,128) | | | — | | | (345,128) |
| | | | | | | | | | | | | | | | | | | | |
| Accretion of Class A ordinary shares subject to redemption upon initial measurement | | — | | | — | | — | | | — | | | (10,452,119) | | | (7,102,523) | | | (17,554,642) |
| | | | | | | | | | | | | | | | | | | | |
| Subsequent accretion of Class A ordinary shares subject to redemption to redemption amount | | — | | | — | | — | | | — | | | — | | | (1,738,936) | | | (1,738,936) |
| | | | | | | | | | | | | | | | | | | | |
| Net income | — | | | — | | — | | | — | | | — | | | 1,500,310 | | | 1,500,310 | |
| | | | | | | | | | | | | | | | | | | | |
| Balance — September 30, 2026 (Unaudited) | — | $— | 5,031,250 | $503 | $— | $(7,394,476) | $(7,393,973) | ||||||||||||
| (1) | Includes an aggregate of up to 656,250 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 5). On July 6, 2026, the underwriter exercised its over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 656,250 Founder Shares are no longer subject to forfeiture. |
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