Company: WENNU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109353
Chunk: 61

Company: WEN Acquisition Corp
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 61
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 out of using the extended transition period difficult or impossible because of the potential
differences in accounting standards used.

Use of Estimates

The preparation of the accompanying unaudited
condensed financial statements in conformity with GAAP requires Management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the accompanying unaudited condensed
financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from
those estimates.

8

WEN ACQUISITION CORP

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

Making estimates requires Management to exercise
significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances
that existed at the date of the accompanying unaudited condensed financial statements, which Management considered in formulating its
estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly
from those estimates. 

Cash and Cash Equivalents

The Company considers all short-term investments
with an original maturity of three months or less when purchased to be cash equivalents. The Company had cash of $762,861 and did not
have any cash equivalents as of September 30, 2025.

Cash and Marketable Securities Held in Trust
Account

At September 30, 2025, substantially all the assets
held in the Trust Account amounting to $304,812,813 were held in money market funds, which are invested primarily in Treasury securities.
All of the Company’s investments held in the Trust Account are presented on the accompanying unaudited condensed balance sheet at
fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of investments held in Trust
Account are included in interest earned on cash and marketable securities held in Trust Account in the accompanying condensed statements
of operations. The estimated fair values of investments held in the Trust Account are determined using available market information.

For the three months ended September 30, 2025,
and for the period from January 13, 2025 (inception) through September 30, 2025, the Company recorded $3,259,210 and $4,662,813, respectively,
of interest earned from the Trust Account in the accompanying unaudited condensed statements of operations. For the three months