FIGX Capital Acquisition Corp.
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
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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, 2025 · Filed Aug 8, 2025
FIGX$10.39+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Balance Sheet as of June 30, 2025
UNAUDITED CONDENSED BALANCE SHEET
| Assets: | |
|---|---|
| Current assets | |
| Due from Sponsor | $1,754,055 |
| Total current assets | 1,754,055 |
| Cash held in Trust Account | 150,650,000 |
| Total Assets | $152,404,055 |
| Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit: | |
| Accrued expenses | $60,365 |
| Accrued offering costs | 340,802 |
| Promissory note – related party | 164,210 |
| Total current liabilities | 565,377 |
| Deferred underwriting fee payable | 6,419,000 |
| Total Liabilities | 6,984,377 |
| Commitments and Contingencies | |
| Class A ordinary shares subject to possible redemption, 15,065,000 shares at a redemption value of $10.00 per share | 150,650,000 |
| Shareholders’ Deficit | |
| Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding | — |
| Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 443,470 issued and outstanding (excluding 15,065,000 Class A ordinary shares subject to possible redemption) | 44 |
| Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 3,877,118 shares issued and outstanding | 388 |
| Additional paid-in capital | — |
| Accumulated deficit | (5,230,754) |
| Total Shareholders’ Deficit | (5,230,322) |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit | $152,404,055 |
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS
| For the Three Months Ended June 30, 2025 | For the period from February 20, 2025 (Inception) Through June 30, 2025 | |
|---|---|---|
| Formation and general and administrative costs | $84,359 | $114,657 |
| Loss from Operations | (84,359) | (114,657) |
| Other expense: | ||
| Share-based compensation expense | (164,499) | (164,499) |
| Total other expenses | (164,499) | (164,499) |
| Net loss | $(248,858) | $(279,156) |
| Basic and diluted weighted average Class A and Class B ordinary non-redeemable shares outstanding | 3,385,868 | 3,203,552 |
| Basic and diluted net loss per Class A and Class B ordinary non-redeemable share | $(0.07) | $(0.09) |
UNAUDITED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT
FOR THE THREE MONTHS ENDED JUNE 30, 2025 AND
FOR THE PERIOD FROM FEBRUARY 20, 2025 (INCEPTION) THROUGH JUNE 30, 2025
| Class A Ordinary Shares · Class B Ordinary Shares · Additional Paid-in · Accumulated · Total Shareholders’ | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Deficit | Deficit | |
| Balance as of February 20, 2025 (inception) | — | $— | — | $— | $— | $— | $— |
| Class B ordinary shares issued to Sponsor | — | — | 3,877,118 | 388 | 24,612 | — | 25,000 |
| Net loss | — | — | — | — | — | (30,298) | (30,298) |
| Balance at March 31, 2025 | — | $— | 3,877,118 | $388 | $24,612 | $(30,298) | $(5,298) |
| Sale of Private Placement Units | 443,470 | 44 | — | — | 4,434,656 | — | 4,434,700 |
| Fair value of Public Warrants at issuance | — | — | — | — | 1,438,708 | — | 1,438,708 |
| Allocated value of transaction costs to Class A ordinary redeemable shares | — | — | — | — | (106,636) | — | (106,636) |
| Share-based compensation | — | — | — | — | 164,499 | — | 164,499 |
| Accretion for common stock to redemption amount | — | — | — | — | (5,955,839) | (4,951,598) | (10,907,437) |
| Net loss | — | — | — | — | — | (248,858) | (248,858) |
| Balance at June 30, 2025 | 443,470 | $44 | 3,877,118 | $388 | $— | $(5,230,754) | $(5,230,322) |
UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
FOR THE PERIOD FROM FEBRUARY 20, 2025 (INCEPTION) THROUGH JUNE 30, 2025
| Cash Flows from Operating Activities: | |
|---|---|
| Net loss | $(279,156) |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| Payment of formation and general and administrative costs through promissory note – related party | 54,292 |
| Share-based compensation expense | 164,499 |
| Changes in operating assets and liabilities: | |
| Accrued expenses | 60,365 |
| Net cash used in operating activities | — |
| Cash Flows from Investing Activities: | |
| Investment of cash into Trust Account | (150,650,000) |
| Net cash used in by investing activities | (150,650,000) |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Units, net of underwriting discounts paid | 148,030,000 |
| Proceeds from sale of Private Placement Units | 4,434,700 |
| Due from Sponsor | (1,754,055) |
| Payment of offering costs | (60,645) |
| Net cash provided by financing activities | 150,650,000 |
| Net Change in Cash | — |
| Cash – Beginning of period | — |
| Cash – End of period | $— |
| Noncash investing and financing activities: | |
| Offering costs included in accrued offering costs | $340,802 |
| Offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares | $25,000 |
| Offering costs paid through promissory note – related party | $109,918 |
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