Karbon Capital Partners Corp.
For the period ended Sep 30, 2025. Filed Jan 23, 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, 2025 · Filed Jan 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheet as of September 30, 2025 (Unaudited)
CONDENSED BALANCE SHEET
SEPTEMBER 30, 2025
| Assets | |
|---|---|
| Prepaid expenses – current asset | $25,000 |
| Deferred offering costs | 651,031 |
| Total Assets | $676,031 |
| Liabilities and Shareholder’s Deficit | |
| Current Liabilities | |
| Accrued offering costs | $651,031 |
| Accrued expenses | 28,659 |
| Promissory note – related party | 28,020 |
| Total Current Liabilities | 707,710 |
| Commitments and Contingencies (Note 7) | |
| Shareholder’s Deficit | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | — |
| Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding | — |
| Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 8,625,000 shares issued and outstanding(1) | 863 |
| Additional paid-in capital | 24,137 |
| Accumulated deficit | (56,679) |
| Total Shareholder’s Deficit | (31,679) |
| Total Liabilities and Shareholder’s Deficit | $676,031 |
(1)
Includes 1,125,000 shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. On December 12, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 1,125,000 Founder Shares are no longer subject to forfeiture (Note 4).
CONDENSED STATEMENT OF OPERATIONS
| General and administrative costs | $56,679 |
|---|---|
| Loss from operations | (56,679) |
| Net loss | $(56,679) |
| Basic and diluted weighted average Class B ordinary shares outstanding(1) | 7,500,000 |
| Basic and diluted net loss per Class B ordinary share | $(0.01) |
(1)
Excludes 1,125,000 shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. On December 12, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 1,125,000 Founder Shares are no longer subject to forfeiture (Note 4).
CONDENSED STATEMENT OF CHANGES IN SHAREHOLDER’S DEFICIT
| Class AOrdinary Shares · Class BOrdinary Shares(1) · AdditionalPaid-in · Accumulated · TotalShareholder’s | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit | Deficit | |
| Balance — September 12, 2025 (Inception) | — | $— | — | $— | $— | $— | $— |
| Class B ordinary shares issued to Sponsor | — | — | 8,625,000 | 863 | 24,137 | — | 25,000 |
| Net loss | — | — | — | — | — | (56,679) | (56,679) |
| Balance – September 30, 2025 | — | $— | 8,625,000 | $863 | $24,137 | $(56,679) | $(31,679) |
(1)
Includes 1,125,000 shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. On December 12, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 1,125,000 Founder Shares are no longer subject to forfeiture (Note 4).
CONDENSED STATEMENT OF CASH FLOWS
| Cash Flows from Operating Activities: | |
|---|---|
| Net loss | $(56,679) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| Payment of general and administrative costs through promissory note – related party | 28,020 |
| Changes in operating assets and liabilities: | |
| Accrued expenses | 28,659 |
| Net cash used in operating activities | — |
| Net Change in Cash | — |
| Cash – Beginning of period | — |
| Cash – End of period | $— |
| Non-cash investing and financing activities: | |
| Deferred offering costs included in accrued offering costs | $651,031 |
| Prepaid expenses paid by Sponsor in exchange for issuance of Class B ordinary shares | $25,000 |
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