Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 6

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 (205,000) 
     — 
  
    Payment of offering costs 
     (322,379) 
     (115,880)
  
    Net cash provided by financing activities 
     278,647,621  
     49,120 

    Net Change in Cash 
     758,551  
     4,064 
  
    Cash – Beginning of period 
     578  
     — 
  
    Cash – End of period 
    $759,129  
    $4,064 

    Non-cash investing and financing activities: 

    Offering costs included in accrued offering costs 
    $80,000  
    $198,547 
  
    Deferred underwriting fee payable 
    $8,280,000  
    $— 

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

4

SIDDHI ACQUISITION CORP

NOTES TO CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

(Unaudited)

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

Siddhi Acquisition Corp (the “Company”)
is a blank check company incorporated as a Cayman Islands exempted corporation on July 5, 2024. The Company was incorporated for
the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business
combination with one or more businesses (the “Business Combination”). The Company has not selected any specific Business Combination
target.

All activity for the period from July 5,
2024 (inception) through September 30, 2025 relates to the Company’s formation, the initial public offering (the “Initial
Public Offering”), which occurred on April 2, 2025 (see below), and subsequent to the Initial Public Offering, identifying a target
company for a Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business
Combination, at the earliest. The Company will generate non-operating income in the form of interest income on investments from the proceeds
derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end.

The Company’s sponsor is Siddhi Sponsor
LLC (the “Sponsor”). The registration statement for the Company’s Initial Public Offering was declared effective on
March 31, 2025.