Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 5

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
ited) 
     —  
    $—  
     6,900,000  
    $690  
    $24,310  
    $(45,056) 
    $(20,056)

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

3

SIDDHI ACQUISITION CORP

CONDENSED STATEMENTS OF CASH FLOWS

(UNAUDITED)

    For the 
Nine Months
 Ended
 September 30,  
    For the Period 
from July 5, 
2024 (Inception) 
Through
 September 30, 

    2025  
    2024 
  
    Cash Flows from Operating Activities: 

    Net loss 
    $(2,807,335) 
    $(45,056)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Interest earned on investments held in Trust Account 
     (5,864,155) 
     — 
  
    Changes in operating assets and liabilities: 

    Prepaid expenses and other current assets 
     (94,526) 
     — 
  
    Long-term prepaid insurance 
     (37,500) 
     — 
  
    Accrued expenses 
     14,446  
     — 
  
    Advisory fee payable 
     8,280,000  
     — 
  
    Net cash used in operating activities 
     (509,070) 
     (45,056)

    Cash Flows from Investing Activities: 

    Investment of cash into Trust Account 
     (277,380,000) 
     — 
  
    Net cash used in investing activities 
     (277,380,000) 
     — 

    Cash Flows from Financing Activities: 

    Proceeds from issuance of Class B ordinary shares to Sponsor 
     —  
     25,000 
  
    Proceeds from sale of Units, net of underwriting discounts paid 
     275,750,000  
     — 
  
    Proceeds from sale of Private Placement Units 
     3,380,000  
     — 
  
    Proceeds from promissory note - related party 
     45,000  
     140,000 
  
    Repayment of promissory note - related party