Company: EMCRF
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024827
Chunk: 1

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 of June 30, 2025 and December 31, 2024, respectively 
     230  
     230 
  
    Accumulated deficit 
     (6,706,920) 
     (5,824,153)
  
    Total Stockholders’ Deficit 
     (6,706,690) 
     (5,823,923)

    Total Liabilities and Stockholders’ Deficit 
    $26,824,687  
    $26,154,194 

The
accompanying notes are an integral part of these unaudited interim consolidated financial statements.

1

EMBRACE
CHANGE ACQUISITION CORP.

CONSOLIDATED
STATEMENTS OF OPERATIONS

(Unaudited)

    2025  
    2024  
    2025  
    2024 

    For
the three months ended

June 30,

    For
the six months ended

June 30,

    2025  
    2024  
    2025  
    2024 
  
    Formation and operating costs 
    $(374,642) 
    $(77,927) 
    $(730,504) 
    $(127,727)
  
    Loss from operations 
     (374,642) 
     (77,927) 
     (730,504) 
     (127,727)
  
    Other income (loss): 

    Investment income earned on cash and investments held in Trust Account 
     277,146  
     755,157  
     544,509  
     1,490,735 
  
    Loss on modification of deferred underwriting commission 
     -  
     -  
     -  
     (378,501)
  
    Interest expense 
     (1,138) 
     -  
     (2,263) 
     - 
  
    Total other income 
     276,008  
     755,157  
     542,246  
     1,112,234 
  
    Net income (loss) 
    $(98,634) 
    $677,230  
    $(188,258) 
    $984,507 
  
    Weighted average shares outstanding, basic and diluted 
     4,520,024  
     7,423,175