Aspire-Lakewood Holdings, Inc.
For the period ended Dec 31, 2024. Filed Apr 7, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 7, 2025
ASBP$8.51+5.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Prepaid expenses and other | $9,339 | $81,223 |
| Due from Sponsor | 36,503 | - |
| Total current assets | 45,842 | 81,223 |
| Cash and Investments held in Trust Account | 6,668,522 | 19,901,169 |
| TOTAL ASSETS | $6,714,364 | $19,982,392 |
| LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS’ DEFICIT | ||
| CURRENT LIABILITIES | ||
| Accounts payable and accrued expenses | $1,030,615 | 152,005 |
| Loan and Transfer notes payable | 465,722 | 12,384 |
| Subscription Agreement loan | 13,760,771 | — |
| Due to affiliate | 358,939 | 238,939 |
| Total current liabilities | 15,616,047 | 403,328 |
| TOTAL LIABILITIES | 15,616,047 | 403,328 |
| COMMITMENTS AND CONTINGENCIES (Note 6) | - | - |
| REDEEMABLE ORDINARY SHARES | ||
| Class A ordinary shares subject to possible redemption at redemption value, $0.0001 par value, 577,644 and 1,803,729 shares at redemption value of $11.54 and $ 11.03 per share on December 31, 2024 and 2023, respectively | 6,668,522 | 19,901,169 |
| SHAREHOLDERS’ DEFICIT | ||
| Preference shares; $0.0001 par value, 5,000,000 shares authorized, none issued or outstanding | — | — |
| Class A ordinary shares; $0.0001 par value; 300,000,000 shares authorized; 7,187,500 issued or outstanding at December 31, 2024 and 2023, respectively (excluding 577,644 and 1,803,729 shares, respectively, subject to redemption as of December 31, 2024 and 2023) | 719 | 719 |
| Class B ordinary shares; $0.0001 par value; 50,000,000 shares authorized; 0 issued and outstanding at December 31, 2024 and 2023 | — | — |
| Additional paid-in capital | 8,802,978 | 10,964,930 |
| Accumulated deficit | (24,373,902) | (11,287,754) |
| Total shareholders’ deficit | (15,570,205) | (322,105) |
| TOTAL LIABILITIES, REDEEMABLE ORDINARY SHARES AND SHAREHOLDERS’ DEFICIT | $6,714,364 | $19,982,392 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.