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September 30, 2024 | December 31, 2023 | |||||||
Assets | ||||||||
Current assets: | ||||||||
Cash | $ | 316 | $ | 14,630 | ||||
Total current assets | 316 | 14,630 | ||||||
Total assets | $ | 316 | $ | 14,630 | ||||
Liabilities and Stockholders’ Deficit | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 561,800 | $ | — | ||||
Accrued expenses | 134,460 | 475 | ||||||
Interest payable - stockholder loan | 3,632 | 267 | ||||||
Total current liabilities | 699,892 | 742 | ||||||
Stockholder loan | 174,195 | 35,195 | ||||||
Total liabilities | 874,087 | 35,937 | ||||||
Commitments and contingencies (Note 3) | ||||||||
Stockholders’ Deficit: | ||||||||
Class A Common Stock; $0.000001 par value per share; 800,000,000 shares authorized; 11,581,218 and 25,910,000 issued and outstanding at September 30, 2024 and December 31, 2023, respectively. | 12 | 26 | ||||||
Class B Common Stock; $0.000001 par value per share; 50,000,000 shares authorized; 2,500,000 shares issued and outstanding at September 30, 2024 and December 31, 2023. | 3 | 3 | ||||||
Additional paid-in capital | 50,840 | 18,226 | ||||||
Accumulated deficit | (924,626) | (39,562) | ||||||
Total Stockholders’ Deficit | (873,771) | (21,307) | ||||||
Total Liabilities and Stockholders’ Deficit | $ | 316 | $ | 14,630 |
For the Nine Months Ended September 30, 2024 | For the Period from August 8, 2023 (inception) through September 30, 2023 | |||||||
General and administrative expenses | $ | 91,587 | $ | — | ||||
Professional fees | 790,112 | — | ||||||
Loss from operations | (881,699) | — | ||||||
Other expense: | ||||||||
Interest expense - stockholder loan | 3,365 | — | ||||||
Loss before provision for income taxes | (885,064) | — | ||||||
Provision for income taxes | — | — | ||||||
Net loss | $ | (885,064) | $ | — | ||||
Weighted average common shares outstanding - basic and diluted | 25,590,929 | 24,750,000 | ||||||
Net loss per share attributable to common stockholders - basic and diluted | $ | (0.03) | $ | 0.00 |
August 8, 2023 (inception) through December 31, 2023 | ||||
General and administrative expenses | $ | 39,295 | ||
Loss from operations | (39,295) | |||
Interest expense - stockholder | 267 | |||
Loss before provision for income taxes | (39,562) | |||
Provision for income taxes | — | |||
Net loss | $ | (39,562) | ||
Weighted average common shares outstanding - basic and diluted | 27,864,510 | |||
Net loss per share attributable to common stockholders - basic and diluted | $ | (0.00) |
Amount | ||||
SEC registration fee | $ | 160.89 | ||
Nasdaq listing fee | * | |||
Legal fees and expenses | * | |||
Accounting fees and expenses | * | |||
Advisory fee | * | |||
Printing and engraving expenses | * | |||
Transfer agent fees and expenses | * | |||
Miscellaneous expenses | * | |||
Total | $ | * |
As of September 30, 2024 | ||||||||
(Actual) | (Pro Forma)(1) | |||||||
Balance Sheet Data: | ||||||||
Cash | $ | 316 | $ | |||||
Stockholder loan | $ | (174,195) | $ | |||||
Stockholders’ Deficit: | $ | $ | ||||||
Class A Common Stock; $0.000001 par value per share; 800,000,000 shares authorized; 11,581,218 and 25,910,000 issued and outstanding at September 30, 2024 and December 31, 2023, respectively. | 12 | |||||||
Class B Common Stock; $0.000001 par value per share; 50,000,000 shares authorized; 2,500,000 shares issued and outstanding at September 30, 2024 and December 31, 2023. | 3 | |||||||
Additional paid-in capital | 50,840 | |||||||
Accumulated deficit | (924,626) | |||||||
Total Stockholders’ Deficit | (873,771) | |||||||
Total capitalization | $ | $ |