Company: SDHIU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073707
Chunk: 28

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from
which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated
by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess
performance.

The Company’s CODM has been identified as
the Chief Executive Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions
about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable
segment.

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

    June 30, 

    2025 
  
    Cash 
    $884,323 
  
    Investments held in Trust Account 
     280,247,491 

    For the Three Months Ended June 30, 2025  
    For the Six Months Ended June 30, 2025 
  
    General and administrative costs 
    $193,343  
    $237,193 
  
    Interest earned on marketable investments held in Trust Account 
     2,867,491  
     2,867,491 

The key measures of segment profit or loss reviewed
by the CODM are general and administrative costs. General and administrative costs are reviewed and monitored by the CODM to manage and
forecast cash to ensure enough capital is available to complete the Initial Public Offering and eventually a business combination or similar
transaction within the Extension 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 costs, as reported on the 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 loss are