Company: WENNU
Filing Date: 2025-06-27
Form Type: 10-Q
Source: 0001213900-25-059037
Chunk: 68

Company: WEN Acquisition Corp
Filing Date: 2025-06-27
Form: 10-Q
Item: Part I, Item 8
Chunk 68
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will likely be subject to a suspension of trading and delisting from Nasdaq. Our Sponsor may also, in its discretion, explore transactions
under which it would sell its interest in our Company to another sponsor entity, which may result in a change to our Management Team.

Results of Operations

We have neither engaged in any operations nor
generated any revenues to date. Our only activities from January 13, 2025 (inception) through March 31, 2025 were organizational activities,
those necessary to prepare for the Initial Public Offering, described below, and identifying a target company for a Business Combination.
We do not expect to generate any operating revenues until after the completion of our Business Combination. Subsequent to the Initial
Public Offering, we generate non-operating income in the form of interest income on marketable securities held in the Trust Account.
We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well
as for due diligence expenses.

For the period from January 13, 2025 (inception)
through March 31, 2025, we had a net loss $43,944, which consisted of general and administrative costs.

15

Factors That May Adversely Affect our Results
of Operations

Our results of operations and our ability to
complete an initial Business Combination may be adversely affected by various factors that could cause economic uncertainty and volatility
in the financial markets, many of which are beyond our control. Our results of operations and our ability to consummate an initial Business
Combination could be impacted by, among other things, downturns in the financial markets or in economic conditions, increases in oil
prices, inflation, fluctuation in interest rates, increase in tariffs, supply chain disruptions, declines in consumer confidence and
spending, public health considerations, and geopolitical instability, such as the military conflicts in Ukraine and the Middle East.
We cannot at this time predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which
they may negatively impact our business and our ability to complete an initial Business Combination.

Liquidity and Capital Resources

Until the consummation of the Initial Public
Offering, our only source of liquidity was an initial purchase of shares of Class B ordinary shares, par value $0.0001 per share,
by the Sponsor and loans from the Sponsor.

Subsequent to the quarterly period covered by
this Report, on May 19, 2025