Vendome Acquisition Corp I
For the period ended Sep 30, 2025. Filed Nov 19, 2025.
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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, 2025 · Filed Nov 19, 2025
VNME$10.35+0.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Balance Sheet as of September 30, 2025
SEPTEMBER 30, 2025
| ASSETS | |
|---|---|
| Current Assets: | |
| Cash | $399,771 |
| Prepaid expenses | 317,147 |
| Total Current Assets | 716,918 |
| Cash held in Trust | 202,068,698 |
| Total Assets | $202,785,616 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |
| Current Liabilities: | |
| Accrued expenses | $367,840 |
| Related party payable | 30,000 |
| Total Current Liabilities | 397,840 |
| Commitments and contingencies (Note 6) | |
| Class A ordinary shares, $0.0001 par value; 20,000,000 shares subject to possible redemption at $10.10 per share | 202,068,698 |
| Shareholders’ Equity: | |
| Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | - |
| Class A ordinary shares, $0.0001 par value, 200,000,000 shares authorized, none issued and outstanding | - |
| Class B ordinary shares, $0.0001 par value, 20,000,000 shares authorized, 5,000,000 shares issued and outstanding(1)(2) | 500 |
| Additional paid-in capital | - |
| Retained earnings | 318,578 |
| Total Shareholders’ Equity | 319,078 |
| Total Liabilities and Shareholders’ Equity | $202,785,616 |
| (1) | Excludes an aggregate of up to 750,000 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). 750,000 Class B ordinary shares were forfeited as the underwriter did not exercise the over-allotment option in connection with the Initial Public Offering. |
| (2) | Shares and associated accounts have been retroactively restated to reflect the surrender of 5,544,643 Class B ordinary shares to the Company for no consideration on March 25, 2025. On May 25, 2025, the Company issued to the Sponsor, for no consideration, an aggregate of 1,437,500 founder shares. Shares and associated accounts have been retroactively restated to reflect the issuance of 1,437,500 Class B ordinary shares to the Sponsor for no consideration on May 25, 2025 (see Note 5). |
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
| Three Months Ended September 30, 2025 | For the period from January 28, 2025 (inception) through September 30, 2025 | |
|---|---|---|
| Formation and operating expenses | $248,140 | $248,140 |
| TOTAL EXPENSES | 248,140 | 248,140 |
| OTHER INCOME | ||
| Income earned on cash held in Trust | 2,068,698 | 2,068,698 |
| TOTAL OTHER INCOME | 2,068,698 | 2,068,698 |
| Net Income | $1,820,558 | $1,820,558 |
| Weighted average of redeemable shares outstanding basic and diluted | 19,565,217 | 7,317,073 |
| Basic and diluted net income per ordinary share | $0.10 | $0.26 |
| Weighted average of non-redeemable shares outstanding basic and diluted(1)(2) | 5,000,000 | 4,325,203 |
| Basic and diluted net loss per ordinary share | $(0.01) | $(0.02) |
| (1) | Excludes an aggregate of up to 750,000 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). 750,000 Class B ordinary shares were forfeited as the underwriter did not exercise the over-allotment option in connection with the Initial Public Offering. |
| (2) | Shares and associated accounts have been retroactively restated to reflect the surrender of 5,544,643 Class B ordinary shares to the Company for no consideration on March 25, 2025. On May 25, 2025, the Company issued to the Sponsor, for no consideration, an aggregate of 1,437,500 founder shares. Shares and associated accounts have been retroactively restated to reflect the issuance of 1,437,500 Class B ordinary shares to the Sponsor for no consideration on May 25, 2025 (see Note 5). |
UNAUDITED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY
FOR THE PERIOD FROM JANUARY 28, 2025 (INCEPTION) THROUGH
SEPTEMBER 30, 2025
| Class B Ordinary Shares · Additional Paid-In Capital · Retained Earnings · Shareholders’ Equity | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||||||||
| Balance, January 28, 2025 (inception) | — | $— | $— | $— | $— | ||||||||||
| Issuance of Class B ordinary shares to Sponsor(1)(2) | 5,750,000 | 575 | 24,425 | — | 25,000 | ||||||||||
| Balance, March 31, 2025 | 5,750,000 | 575 | 24,425 | — | 25,000 | ||||||||||
| Net income | - | - | - | — | - | ||||||||||
| Balance, June 30, 2025 | 5,750,000 | 575 | 24,425 | — | 25,000 | ||||||||||
| Private warrants, proceeds | 2,648,000 | — | 2,648,000 | ||||||||||||
| Public warrants, fair value | 3,466,524 | — | 3,466,524 | ||||||||||||
| Offering costs | (41,257) | — | (41,257) | ||||||||||||
| Forfeiture of founder shares | (750,000) | (75) | 75 | — | - | ||||||||||
| Accretion of carrying value to redemption value | — | — | (6,097,767) | (1,501,980) | (7,599,747) | ||||||||||
| Net income | — | — | — | 1,820,558 | 1,820,558 | ||||||||||
| Balance, September 30, 2025 | 5,000,000 | $500 | $ | - | $318,578 | $319,078 | |||||||||
| (1) | Excludes an aggregate of up to 750,000 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). 750,000 Class B ordinary shares were forfeited as the underwriter did not exercise the over-allotment option in connection with the Initial Public Offering. |
| (2) | Shares and associated accounts have been retroactively restated to reflect the surrender of 5,544,643 Class B ordinary shares to the Company for no consideration on March 25, 2025. On May 25, 2025, the Company issued to the Sponsor, for no consideration, an aggregate of 1,437,500 founder shares. Shares and associated accounts have been retroactively restated to reflect the issuance of 1,437,500 Class B ordinary shares to the Sponsor for no consideration on May 25, 2025 (see Note 5). |
UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
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