Company: WENNU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076650
Chunk: 11

Company: WEN Acquisition Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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Item 1. Financial Statements.

WEN ACQUISITION CORP

UNAUDITED CONDENSED BALANCE SHEET

JUNE 30, 2025

    Assets: 

    Current asset 

    Cash 
    $921,309 
  
    Prepaid expenses 
     108,756 
  
    Prepaid insurance 
     76,310 
  
    Total current asset 
     1,106,375 
  
    Prepaid insurance – long-term 
     70,936 
  
    Cash and marketable securities held in Trust Account 
     301,553,603 
  
    Total Assets 
    $302,730,914 

    Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit: 

    Accrued expenses 
    $18,673 
  
    Accrued offering expenses 
     88,092 
  
    Due to Sponsor 
     5,455 
  
    Total Current Liabilities 
     112,220 
  
    Deferred underwriting fee payable 
     14,289,750 
  
    Total Liabilities 
     14,401,970 

    Commitments and Contingencies (Note 6) 

    Class A Ordinary Shares subject to possible redemption, 30,015,000 shares at a redemption value of $10.05 per share 
     301,553,603 

    Shareholders’ Deficit 

    Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 
     — 
  
    Class A Ordinary Shares, $0.0001 par value; 500,000,000 shares
authorized; none issued or outstanding, excluding 30,015,000 shares subject to possible redemption 
     — 
  
    Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 7,503,750 shares issued and outstanding 
     750 
  
    Additional paid-in capital 
     — 
  
    Accumulated deficit 
     (13,225,409)
  
    Total Shareholders’ Deficit 
     (13,224,659)
  
    Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 
    $302,730,914 

The accompanying notes are an integral part of
the unaudited condensed