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$2.15+5.4%Stored close · as of Nov 10, 2026
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Unaudited Condensed Statements of Operations
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Formation and operating costs | $529,467 | $1,212,603 | $930,442 | $2,431,309 |
| Loss from operations | (529,467) | (1,212,603) | (930,442) | (2,431,309) |
| Gain on investments held in Trust Account | 173,957 | 2,685,418 | 483,863 | 5,014,364 |
| Net (loss) income | $(355,510) | $1,472,815 | $(446,579) | $2,583,055 |
| Basic and diluted weighted average shares outstanding, Class A redeemable ordinary shares | 1,214,913 | 19,347,527 | 1,708,230 | 20,915,055 |
| Basic and diluted net (loss) income per share, Class A redeemable ordinary shares | $(0.05) | $0.06 | $(0.06) | $0.10 |
| Basic and diluted weighted average shares outstanding, Class A non-redeemable ordinary shares | 3,375,000 | — | 3,375,000 | — |
| Basic and diluted net loss per share, Class A non-redeemable ordinary shares | $(0.05) | $0.00 | $(0.06) | $0.00 |
| Basic and diluted weighted average shares outstanding, Class B ordinary shares | 2,250,000 | 4,141,484 | 2,250,000 | 4,879,144 |
| Basic and diluted net (loss) income per share, Class B ordinary shares | $(0.05) | $0.06 | $(0.06) | $0.10 |
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