Company: WENNU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109353
Chunk: 66

Company: WEN Acquisition Corp
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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    September 30, 2025 

    Class A  
    Class B  
    Class A  
    Class B 

    Ordinary Shares  
    Ordinary Shares  
    Ordinary Shares  
    Ordinary Shares 
  
    Diluted net income per Ordinary Share 

    Numerator: 

    Allocation of net income 
    $2,400,790  
    $600,198  
    $2,782,588  
    $1,349,086 

    Denominator: 

    Diluted weighted average Ordinary Shares outstanding 
     30,015,000  
     7,503,750  
     15,469,269  
     7,499,986 
  
    Diluted net income per Ordinary Share 
    $0.08  
    $0.08  
    $0.18  
    $0.18 

11

WEN ACQUISITION CORP

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

Recent Accounting Standards

In November 2024, the FASB issued Accounting Standards
Update (“ASU”) Topic 2024-03, “Income Statement Reporting Comprehensive Income-Expense Disaggregation Disclosures (Subtopic
220-40): Disaggregation of Income Statement Expenses” (“ASU 2024-03”), requiring public entities to disclose additional
information about specific expense categories in the notes to the financial statements on an interim and annual basis. ASU 2024-03 is
effective for fiscal years beginning after December 15, 2026, and for interim periods beginning after December 15, 2027, with early adoption
permitted. The Company is currently evaluating the impact of adopting ASU 2024-03.

Management does not believe that any other recently
issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying unaudited
condensed financial statements.

Note 3 — Initial Public
Offering

In the Initial Public Offering on May 19, 2025,
the Company sold 30,015,000 Units at a purchase price of $10.00 per Unit for a total of $300,150,000, which included the full exercise
of the Over-Allotment Option in the amount of 3,915,000 Option Units.