Company: WENNU
Filing Date: 2025-06-27
Form Type: 10-Q
Source: 0001213900-25-059037
Chunk: 1

Company: WEN Acquisition Corp
Filing Date: 2025-06-27
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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2025, the Company consummated its Initial Public Offering and sold 30,015,000 Units, including 3,915,000 Units sold pursuant
to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment, hence the 978,750 Class
B ordinary shares were no longer subject to forfeiture.

The accompanying notes are an integral part of
the unaudited condensed financial statements.

1

WEN ACQUISITION CORP

CONDENSED STATEMENT OF OPERATIONS

FOR THE PERIOD FROM JANUARY 13, 2025 (INCEPTION)
THROUGH MARCH 31, 2025

(UNAUDITED)

    General and administrative costs 
    $43,944 
  
    Loss from operations 
     (43,944)

    Net loss 
    $(43,944)

    Weighted average shares outstanding, Class B ordinary shares (1)(2) 
     6,525,000 

    Basic and diluted net loss per share, Class B ordinary shares 
    $(0.01)

    (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)
    Excludes up to 978,750 Class B ordinary shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters (see Note 5). On May 19, 2025, the Company consummated its Initial Public Offering and sold 30,015,000 Units, including 3,915,000 Units sold pursuant to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment, hence the 978,750 Class B ordinary shares were no longer subject to forfeiture.

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

WEN ACQUISITION CORP

CONDENSED STATEMENT OF CHANGES IN SHAREHOLDER’S
DEFICIT

FOR THE PERIOD FROM JANUARY 13, 2025 (INCEPTION)
THROUGH M