v3.26.1
Balance Sheets - USD ($)
Mar. 31, 2026
Mar. 31, 2025
Current Assets    
Cash $ 241,548
Loan receivable - Target company 499,900
Other receivable 10,000
Prepaid franchise taxes 33,212
Prepaid expenses 18,328 17,583
Total Current Assets 551,440 269,131
Investments held in Trust Account 3,450,760 3,380,327
Total Assets 4,002,200 3,649,458
Current Liabilities:    
Accounts payable and accrued expenses 962,456 957,626
Due to Prior Sponsor 656,913 656,913
Excise tax payable 12,727 91,920
Income tax payable 118,717 254,683
Total Current Liabilities 7,770,485 7,065,855
Deferred underwriting fee payable 8,050,000 8,050,000
Warrant liability 11,237 18,330
Total Liabilities 15,831,722 15,134,185
Commitments (see Note 6)
Common stock subject to possible redemption: 289,694 and 289,694 shares issued and outstanding at $11.91 and $11.66 redemption value as of March 31, 2026 and 2025, respectively 3,391,265 3,367,192
Stockholders’ Deficit    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value; 500,000,000 shares authorized; 6,546,900 shares issued and outstanding (excluding 289,694 shares subject to possible redemption as of March 31, 2026 and 2025) 655 655
Accumulated deficit (15,221,442) (14,852,574)
Total Stockholders’ Deficit (15,220,787) (14,851,919)
Total Liabilities and Stockholders’ Deficit 4,002,200 3,649,458
Prior Sponsor    
Current Liabilities:    
Promissory notes 2,445,000 2,445,000
Wei-Hua Chang    
Current Liabilities:    
Promissory notes 674,672
JC Unify    
Current Liabilities:    
Promissory notes $ 2,900,000 $ 2,659,713