Company: WENNU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076650
Chunk: 76

Company: WEN Acquisition Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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 $565,123 

    Denominator: 

    Diluted
    weighted average Ordinary Shares outstanding 
     14,007,000  
     7,503,750  
     7,503,750  
     7,497,924 
  
    Diluted
    net income per Ordinary Share 
    $0.05  
    $0.05  
    $0.08  
    $0.08 

Note 3 — Initial Public
Offering

Pursuant to 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 includes
the full exercise of the Over-Allotment Option in the amount of 3,915,000 Option Units. Each Unit has a price of $10.00 and consists of
one Public Share, and one-half of one redeemable Public Warrant. Each Public Warrant entitles the holder to purchase one Class A
Ordinary Share at a price of $11.50 per share, subject to adjustment.

Note 4 — Private Placement

Simultaneously with the closing of the Initial
Public Offering, the Sponsor and Cantor purchased an aggregate of 7,220,000 Private Placement, each exercisable to purchase one Class A
Ordinary Share at $11.50 per share, at a price of $1.00 per warrant, in the Private Placement for an aggregate purchase price of $7,220,000.
Of those 7,220,000 Private Placement Warrants, the Sponsor purchased 4,610,000 Private Placement Warrants and Cantor purchased 2,610,000
Private Placement Warrants. Each whole Private Placement Warrant entitles the registered holder to purchase one Class A Ordinary
Share at a price of $11.50 per share, subject to adjustment.

The Private Placement Warrants are identical to
the Public Warrants sold in the Initial Public Offering except that, the Private Placement Warrants (i) may not (including the Class A
Ordinary Shares issuable upon exercise of these Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned
or sold by the holders until 30 days after the completion of the initial Business Combination, (ii) will be entitled to registration
rights and