Company: DMAAR
Filing Date: 2025-11-18
Form Type: 10-Q
Source: 0001213900-25-112096
Chunk: 41

Company: Drugs Made In America Acquisition Corp.
Filing Date: 2025-11-18
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 outside the trust account
to repay such loaned amounts, but no proceeds from our trust account would be used for such repayment. Up to $1,500,000 of such working
capital loans may be convertible into units of the post-business combination entity at a price of $10.00 per unit. The units would be
identical to the Private Placement Units.

We
do not believe we will need to raise additional funds in order to meet the expenditures required for operating our business. However,
if our estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating an initial business
combination are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior
to our initial business combination. Moreover, we may need to obtain additional financing either to complete our business combination
or because we become obligated to redeem a significant number of our public shares upon completion of our business combination, in which
case we may issue additional securities or incur debt in connection with such business combination.

Going
Concern

In
connection with our assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting
Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going
Concern,” management has determined that the mandatory liquidation and subsequent dissolution raises substantial doubt about our
ability to continue as a going concern within one year after the date that the unaudited financial statements are issued. No adjustments
have been made to the carrying amounts of assets or liabilities should we be required to liquidate.

Off-Balance
Sheet Financing Arrangements

We
have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of September 30, 2025. We do
not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as
variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. We have
not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments
of other entities, or purchased any non-financial assets.

Contractual
Obligations

We
do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than to pay the
sponsor $10,000 per month for office space, and administrative and support services pursuant to an administrative services agreement.
Upon completion