Helix Acquisition Corp II
For the period ended Dec 31, 2024. Filed Mar 11, 2025.
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FY2024 · Filed Mar 11, 2025
BBOT$2.30+12.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Changes in Shareholders’ Deficit
FOR THE YEAR ENDED DECEMBER 31, 2024 AND 2023
| Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Accumulated · Total Shareholders’ | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit | Deficit | |
| Balance –December 31, 2022(1) | — | $— | 4,600,000 | $460 | $24,540 | $(46,877) | $(21,877) |
| Net loss | — | — | — | — | — | (41,692) | (41,692) |
| Balance – December 31, 2023(2) | — | $— | 4,600,000 | $460 | $24,540 | $(88,569) | $(63,569) |
| Sale of 509,000 Private Placement Shares | 509,000 | 51 | — | — | 5,089,949 | — | 5,090,000 |
| Allocated value of transaction costs to private shares | — | — | — | — | (22,096) | — | (22,096) |
| Share-based compensation expense | — | — | — | — | 271,572 | — | 271,572 |
| Accretion of Class A ordinary shares subject to possible redemption | — | — | — | — | (5,363,965) | (11,244,064) | (16,608,029) |
| Net income | — | — | — | — | — | 7,599,512 | 7,599,512 |
| Balance – December 31, 2024 (unaudited)(2) | 509,000 | $51 | 4,600,000 | $460 | $— | $(3,733,121) | $(3,732,610) |
| (1) | Includes an aggregate of up to 600,000 Class B ordinary shares that are subject to forfeiture depending on the extent to which the underwriter’s over-allotment option is exercised. On February 13, 2024, simultaneously with the closing of the Initial Public Offering, the underwriter fully exercised its over-allotment option, and accordingly, the 600,000 Founder Shares are no longer subject to forfeiture (Note 5). |
| (2) | On February 1, 2024, the Company effected a share capitalization with respect to the Class B ordinary shares of 1,437,500 Class B ordinary shares, resulting in a total of 4,312,500 Class B ordinary shares held by the Sponsor and the Company’s two independent directors and one advisor. On February 8, 2024, the Company effected a share capitalization with respect to the Class B ordinary shares of 287,500 Class B ordinary shares, resulting in a total of 4,600,000 Class B ordinary shares held by the Sponsor and the Company’s two independent directors and one advisor. |
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