Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 17

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 Per Share.” Income and losses are shared pro rata to the shares. Net income
(loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for
the period. Accretion associated with the redeemable ordinary shares is excluded from income (loss) per ordinary share as the redemption
value approximates fair value.

The calculation of diluted income (loss) per ordinary
share does not consider the effect of the Rights issued in connection with the (i) Initial Public Offering, (ii) the exercise of the over-allotment
option and (iii) Private Placement, since the average price of the ordinary shares for the three and nine months ended September 30, 2025
and for the period from July 5, 2024 (inception) through September 30, 2024 was less than the exercise price and therefore, the inclusion
of such Rights under the Treasury stock method would be anti-dilutive and the exercise is contingent upon the occurrence of future events.
The Rights are exercisable to purchase 2,793,800 Class A ordinary shares in the aggregate. As a result, diluted net income (loss) per
ordinary share is the same as basic net income (loss) per ordinary share for the periods presented.

The following table reflects the calculation of
basic and diluted net income (loss) per ordinary share:

    For the Three Months Ended September 30, 2025  
    For the Nine Months Ended September 30, 2025 

    Class A  
    Class B  
    Class A  
    Class B 

    Ordinary Shares  
    Ordinary Shares  
    Ordinary Shares  
    Ordinary Shares 
  
    Basic and diluted net income (loss) per ordinary share 

    Numerator: 

    Allocation of net income (loss), as adjusted 
    $2,279,409  
    $562,958  
    $(2,071,911) 
    $(735,424)

    Denominator: 

    Basic and diluted weighted average ordinary shares outstanding 
     27,938,000  
     6,900,000  
     18,591,096  
     6,598,897 
  
    Basic and diluted net income (loss) per ordinary share 
    $0.08  
    $0.08  
    $(0.11) 
    $(0.11)

    For