Company: WENNU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076650
Chunk: 41

Company: WEN Acquisition Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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     4.17%
  
    Stock price 
    $10.29 
  
    Weighted terms (Yrs) 
     7.01 

Note 9 — Segment Information

FASB ASC 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 for which separate financial information is
available that is regularly evaluated by the Company’s CODM, or group, in deciding how to allocate resources and assess performance.

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

The CODM assesses performance for the single segment
and decides how to allocate resources. The measure of segment assets is reported on the accompanying unaudited condensed balance sheet
as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews
several key metrics, which include the following:

    June 30, 2025 
  
    Cash 
    $921,309 
  
    Cash and marketable securities held in Trust Account 
     301,553,603 

    For the Three Months Ended June 30,  
    For the period from January 13, 2025 (inception) through June 30, 

    2025  
    2025 
  
    General and administrative costs 
    $228,973  
    $272,917 
  
    Interest earned on cash and marketable securities held in Trust Account 
     1,437,413  
     1,437,413 

Note 10 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the accompanying unaudited condensed balance sheet date up to the date that the unaudited condensed financial statements
were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure
in the unaudited condensed financial statements.

17

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations.

Cautionary Note Regarding Forward-Looking Statements

All statements other
than statements of historical fact included in this Report including, without limitation, statements under this Item regarding