INFLECTION POINT ACQUISITION CORP. IV
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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FY2025 · Filed Mar 12, 2026
MRLN$0.99+14.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets | ||
| Cash | $703,596 | $2,107,309 |
| Prepaid expenses | 6,212 | 23,150 |
| Short-term prepaid insurance | 203,802 | 181,563 |
| Total current assets | 913,610 | 2,312,022 |
| Long-term prepaid insurance | — | 151,302 |
| Investments held in Trust Account | 262,235,740 | 251,756,198 |
| TOTAL ASSETS | $263,149,350 | $254,219,522 |
| LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accrued expenses | $2,329,932 | $3,451 |
| Accrued offering costs | — | 75,000 |
| Cash underwriting fee payable | 1,000,000 | 1,000,000 |
| Total current liabilities | 3,329,932 | 1,078,451 |
| Deferred underwriting fee payable | 8,750,000 | 8,750,000 |
| TOTAL LIABILITIES | 12,079,932 | 9,828,451 |
| COMMITMENTS AND CONTINGENCIES (Note 6) | ||
| Class A ordinary shares subject to possible redemption, $0.0001 par value; 500,000,000 shares authorized; 25,000,000 shares issued and outstanding, at redemption value of approximately $10.49 and $10.07 per share at December 31, 2025 and 2024, respectively | 262,235,740 | 251,756,198 |
| SHAREHOLDERS’ DEFICIT | ||
| Preferred shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding at December 31, 2025 and 2024 | — | — |
| Class A Ordinary Shares, $0.0001 par value; 500,000,000 shares authorized; 425,000 issued and outstanding at December 31, 2025 and 2024 (excluding 25,000,000 shares subject to possible redemption), respectively | 43 | 43 |
| Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 8,333,333 shares issued and outstanding at December 31, 2025 and 2024, respectively | 833 | 833 |
| Additional paid-in capital | — | — |
| Accumulated deficit | (11,167,198) | (7,366,003) |
| TOTAL SHAREHOLDERS’ DEFICIT | (11,166,322) | (7,365,127) |
| TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT | $263,149,350 | $254,219,522 |
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