WEN Acquisition Corp
For the period ended Mar 31, 2025. Filed Jun 27, 2025.
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Mar 31, 2025 · Filed Jun 27, 2025
WENN$10.470.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Balance Sheet as of March 31, 2025 (Unaudited)
CONDENSED BALANCE SHEET
| Assets: | |
|---|---|
| Current Assets | |
| Prepaid expense | $12,276 |
| Total current assets | 12,276 |
| Deferred offering costs | 82,548 |
| Total Assets | $94,824 |
| Liabilities and Shareholder’s Deficit: | |
| Current liabilities | |
| Accounts payable and accrued expenses | $420 |
| Accrued offering costs | 26,098 |
| Promissory note - related party | 87,250 |
| Total Liabilities | 113,768 |
| Commitments and Contingencies (Note 6) | |
| 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; 7,503,750 shares issued and outstanding (1)(2) | 750 |
| Additional paid-in capital | 24,250 |
| Accumulated deficit | (43,944) |
| Total Shareholder’s Deficit | (18,944) |
| Total Liabilities and Shareholder’s Deficit | $94,824 |
| (1) | On April 28, 2025 and on April 29, 2025, the Company, through a share capitalization, issued the Sponsor an additional 575,000 and 1,178,750 Class B ordinary shares, respectively, as a result of which the Sponsor has purchased and holds an aggregate of 7,503,750 Class B ordinary shares. All share and per share data have been retrospectively presented. |
| (2) | Includes an aggregate of up to 978,750 Class B ordinary shares subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ over-allotment option was exercised (Note 5). On May 19, 2025, the Company consummated its Initial Public Offering and sold 30,015,000 Units, including 3,915,000 Units sold pursuant to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment, hence the 978,750 Class B ordinary shares were no longer subject to forfeiture. |
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