Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 59

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 59
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 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 the Period from July 5,
 2024 (Inception) Through
 September 30, 2024 

    Class A  
    Class B 

    Ordinary Shares  
    Ordinary Shares 
  
    Basic and diluted net loss per ordinary share 

    Numerator: 

    Allocation of net loss, as adjusted 
    $—  
    $(45,056)

    Denominator: 

    Basic and diluted weighted average ordinary shares outstanding 
     —  
     6,000,000 
  
    Basic and diluted net loss per ordinary share 
    $—  
    $(0.01)

Recent Accounting Pronouncements

Management does not believe that there are any
recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial
statement.

NOTE 3. PUBLIC OFFERING

Pursuant to the Initial Public Offering on