Talon Capital Corp.
For the period ended Jun 30, 2025. Filed Oct 22, 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 Oct 22, 2025
TLNC$10.27-0.3%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 June 30, 2025 (Unaudited)
CONDENSED BALANCE SHEET
| Assets | |
|---|---|
| Current Asset | |
| Cash | $48,000 |
| Total Current Asset | 48,000 |
| Deferred offering costs | 259,810 |
| Total Assets | $307,810 |
| Liabilities and Shareholder’s Deficit | |
| Current Liabilities | |
| Accrued offering costs | $259,810 |
| Accrued expenses | 26,837 |
| Advances from related party | 10,420 |
| Promissory note – related party | 23,000 |
| Total Current Liabilities | 320,067 |
| Commitments and Contingencies (Note 6) | |
| Shareholder’s Deficit | |
| Preference 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; none issued or outstanding | — |
| Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 8,625,000 shares issued and outstanding(1)(2) | 863 |
| Additional paid-in capital | 24,137 |
| Accumulated deficit | (37,257) |
| Total Shareholder’s Deficit | (12,257) |
| Total Liabilities and Shareholder’s Deficit | $307,810 |
| (1) | On August 8, 2025, the Company effected a 1 to 1.5 share split for which the Company issued an additional 2,875,000 founder shares to the Sponsor for no additional consideration, resulting in the Sponsor holding an aggregate 8,625,000 founder shares issued and outstanding. All share and per share amounts have been retroactively presented (see Notes 5 and 9). |
| (2) | Includes 1,125,000 Class B ordinary shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. Subsequently, on September 10, 2025, as a result of the partial exercise and the forfeiture of the over-allotment option by the underwriters, 800,000 founder shares are no longer subject to forfeiture and 325,000 founder shares were forfeited, resulting in the Sponsor holding 8,260,000 founder shares (after taking into account the assignment of 40,000 founder shares to the directors) (see Note 5 and 9). |
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