Company: WENNU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109353
Chunk: 31

Company: WEN Acquisition Corp
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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, Management has determined that the Company only has one reportable segment.

18

WEN ACQUISITION CORP

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income or loss that also is reported on the accompanying unaudited condensed statements
of operations as net income or loss. The measure of segment assets is reported on the accompanying unaudited condensed balance sheet as
total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews
several key metrics, which include the following:

    September 30, 2025 
  
    Cash 
    $762,861 
  
    Cash and marketable securities held in Trust Account 
     304,812,813 

    For the
 Three Months
 Ended
 September 30,  
    For the Period from January 13, 2025 (Inception) Through September 30, 

    2025  
    2025 
  
    General and administrative costs 
    $258,222  
    $531,139 
  
    Interest earned on cash and marketable securities held in Trust Account 
     3,259,210  
     4,662,813 

The CODM reviews interest earned on the Trust
Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds
while maintaining compliance with the Investment Management Trust Agreement, dated May 15, 2025, by and between the Company and Continental.

General and administrative expenses are reviewed
and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar
transaction within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain and enforce all
contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative expenses, as reported on
the accompanying unaudited condensed statements of operations, are the significant segment expenses provided to the CODM on a regular
basis.

All other segment items included in net income
are reported on the accompanying unaudited condensed statements of operations and described within their respective disclosures. The accounting
policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies.

Note 10 — Subsequent