Swiftmerge Acquisition Corp
For the period ended Jun 30, 2024. Filed Aug 29, 2024.
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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.
Jun 30, 2024 · Filed Aug 29, 2024
ANNA$2.040.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Statements of Changes in Shareholders’ Deficit
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024
| Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Retained Earnings (Accumulated · Total Shareholders’ | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit) | Deficit | |
| Balance at January 1, 2024 | 3,375,000 | $337 | 2,250,000 | $225 | $— | $(2,922,487) | $(2,921,925) |
| Accretion of Class A ordinary shares to redemption amount | — | — | — | — | — | (309,906) | (309,906) |
| Contribution from Sponsor of shares to be issued under non-redemption agreements | — | — | — | — | 326,773 | — | 326,773 |
| Finance cost of shares to be issued under non-redemption agreements | — | — | — | — | (326,773) | — | (326,773) |
| Net loss | — | — | — | — | — | (91,069) | (91,069) |
| Balance at March 31, 2024 | 3,375,000 | $337 | 2,250,000 | $225 | $— | $(3,323,462) | $(3,322,900) |
| Accretion of Class A ordinary shares to redemption amount | — | — | — | — | — | (173,957) | (173,957) |
| Net loss | — | — | — | — | — | (355,510) | (355,510) |
| Balance at June 30, 2024 | 3,375,000 | $337 | 2,250,000 | $225 | $— | $(3,852,929) | $(3,852,367) |
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2023
| Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Retained Earnings (Accumulated · Total Shareholders’ (Deficit) | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit) | Equity | |
| Balance at January 1, 2023 | — | $— | 5,625,000 | $562 | $— | 162,688 | 163,250 |
| Accretion of Class A ordinary shares to redemption amount | — | — | — | — | — | (2,328,946) | (2,328,946) |
| Net income | — | — | — | — | — | 1,110,240 | 1,110,240 |
| Balance at March 31, 2023 | — | $— | 5,625,000 | $562 | $— | (1,056,018) | (1,055,456) |
| Conversion of Founder Shares to Class A Ordinary Shares | 3,375,000 | 337 | (3,375,000) | (337) | — | — | — |
| Accretion of Class A ordinary shares to redemption amount | — | — | — | — | — | (2,685,418) | (2,685,418) |
| Net income | — | — | — | — | — | 1,472,815 | 1,472,815 |
| Balance at June 30, 2023 | 3,375,000 | $337 | 2,250,000 | $225 | $— | $(2,268,621) | $(2,268,059) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.