ADDED
As a result the 900,000 founder shares are no longer subject to forfeiture.
The Company has not selected any specific Business Combination target.
Liquidity and Capital Resources The Company s liquidity needs up to September 30, 2025 had been satisfied through the loan under an unsecured promissory note from the Sponsor of up to $ 300,000 (see Note 5), as well as proceeds of the Initial Public Offering and private placement on April 2, 2025 .
As of September 30, 2025, the Company had cash of $ 759,129 and a working capital of $ 754,209 .
The Company had $ 759,129 and $ 578 in cash and no cash equivalents as of September 30, 2025 and December 31, 2024, respectively.
Investments Held in Trust Account As of September 30, 2025, the assets held in the Trust Account, amounting to $ 283,244,155 , were held in U.S.
As such, the Company s tax provision was zero for the periods presented.
Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period.
The Rights are exercisable to purchase 2,793,800 Class A ordinary shares in the aggregate.
9 SIDDHI ACQUISITION CORP NOTES TO CONDENSED FINANCIAL STATEMENTS SEPTEMBER 30, 2025 (Unaudited) NOTE 4.
REMOVED
Interim Financial Statements Condensed Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024 1 Condensed Statements of Operations for the Three and Six Months Ended June 30, 2025 (Unaudited) 2 Condensed Statements of Changes in Shareholders Deficit for the Three and Six Months Ended June 30, 2025 (Unaudited) 3 Condensed Statement of Cash Flows for the Six Months Ended June 30, 2025 (Unaudited) 4 Notes to Condensed Financial Statements (Unaudited) 5 Item 2.
On April 2, 2025, the Company consummated the Initial Public Offering of 27,600,000 units at $10.00 per unit, which includes the full exercise of the underwriter s over-allotment option, hence the 900,000 founder shares are no longer subject to forfeiture.
The Company has not selected any specific Business Combination target and the Company has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business Combination target with respect to an initial Business Combination with the Company.
As of June 30, 2025, the Company had not commenced any operations.
Liquidity and Capital Resources The Company s liquidity needs up to June 30, 2025 had been satisfied through the loan under an unsecured promissory note from the Sponsor of up to $ 300,000 (see Note 5).
As of June 30, 2025, the Company had cash of $ 884,323 and a working capital of $ 889,756 .
The Company had $ 884,323 and $ 578 in cash and no cash equivalents as of June 30, 2025 and December 31, 2024, respectively.
Investments Held in Trust Account As of June 30, 2025, the assets held in the Trust Account, amounting to $ 280,247,491 , were held in U.S.
As such, the Company s tax provision was zero for the period presented.
Net loss per Ordinary Share is computed by dividing net loss by the weighted average number of Ordinary Shares outstanding for the period.