STOCKHOLDERS’ EQUITY |
2 Months Ended | 3 Months Ended |
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Apr. 30, 2026 |
Jul. 31, 2026 |
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| Equity [Abstract] | ||
| STOCKHOLDERS’ EQUITY |
The Company is authorized to issue shares of common stock, par value $ per share, and shares of preferred stock, par value $ per share.
As of April 30, 2026, there were shares of common stock issued and outstanding and shares of preferred stock issued and outstanding.
Issuance of Common Stock From February 24, 2026 through April 30, 2026, the Company issued an aggregate of shares of common stock for gross cash proceeds of $133,414.
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The Company is authorized to issue shares of common stock, par value $ per share, and shares of preferred stock, par value $ per share. As of July 31, 2026, shares of common stock were issued and outstanding and shares of preferred stock were issued and outstanding.
Reconciliation of April 30, 2026 Contributed Capital At April 30, 2026, common stock and additional paid-in capital reflected aggregate contributed capital of $133,414. The contractual consideration associated with shares issued through April 30, 2026 totaled $133,399. Management’s reconciliation of the April 2026 subscription receipts identified an aggregate $15 of excess amounts remitted by subscribers in connection with the share subscriptions. The $15 did not result in the issuance of additional shares and was recorded as an additional capital contribution within additional paid-in capital.
On May 7, 2026, the Company received net proceeds of $5,997 from a subscription for shares of common stock at a purchase price of $0.10 per share. The gross subscription amount was $ and $18 was deducted as a banking/wire fee. The $18 represented a bank/wire charge deducted directly from the incoming subscription proceeds and was incurred solely in connection with the May 7, 2026 equity issuance. Accordingly, the Company treated the $18 as a direct and incremental equity issuance cost and charged it against additional paid-in capital.
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