Company: WENNU
Filing Date: 2025-06-27
Form Type: 10-Q
Source: 0001213900-25-059037
Chunk: 0

Company: WEN Acquisition Corp
Filing Date: 2025-06-27
Form: 10-Q
Item: Part I, Item 1
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Item 1. Interim Financial Statements.

WEN ACQUISITION CORP

CONDENSED BALANCE SHEET

MARCH 31, 2025

(UNAUDITED)

    Assets: 

    Current Assets 

    Prepaid expense 
    $12,276 
  
    Total current assets 
     12,276 
  
    Deferred offering costs 
     82,548 
  
    Total Assets 
    $94,824 

    Liabilities and Shareholder’s Deficit: 

    Current liabilities 

    Accounts payable and accrued expenses 
    $420 
  
    Accrued offering costs 
     26,098 
  
    Promissory note - related party 
     87,250 
  
    Total Liabilities 
     113,768 

    Commitments and Contingencies (Note 6) 

    Shareholder’s Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
       — 
  
    Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,503,750 shares issued and outstanding (1)(2) 
     750 
  
    Additional paid-in capital 
     24,250 
  
    Accumulated deficit 
     (43,944)
  
    Total Shareholder’s Deficit 
     (18,944)
  
    Total Liabilities and Shareholder’s Deficit 
    $94,824 

(1)On April 28, 2025 and on April 29, 2025, the Company, through a share
capitalization, issued the Sponsor an additional 575,000 and 1,178,750 Class B ordinary shares, respectively, as a result of which the
Sponsor has purchased and holds an aggregate of 7,503,750 Class B ordinary shares. All share and per share data have been retrospectively
presented.

(2)Includes an aggregate of up to 978,750 Class B ordinary shares subject
to forfeiture by the holders thereof depending on the extent to which the underwriters’ over-allotment option was exercised (Note
5). On May 19,