Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 71

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 71
---
31, 2024, and indicates the fair value
hierarchy of the valuation inputs the Company utilized to determine such fair value:

    September 30,  
    December 31, 

    Level  
    2025  
    2024 
  
    Assets: 

    Investments held in Trust Account 
     1  
    $283,244,155  
    $— 

The Public Rights have been classified within
shareholders’ deficit and will not require remeasurement after issuance. The Public Rights were classified within Level 3 of the
fair value hierarchy at the measurement dates due to the use of unobservable inputs inherent in assumptions related to the market adjustments
as noted below. The following table presents the quantitative information regarding market assumptions used in the valuation of the Public
Rights:

    April 2, 2025 
  
    Trade price of Unit 
    $10.03 
  
    Stock price 
    $9.88 
  
    Market adjustment(1) 
     15.0%
  
    Fair value per share right 
    $0.148 

(1)Market
adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of business combination
occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of stock price prior to beginning
of the exercise period. The adjustment is determined by comparing traded rights prices to simulated model outputs.

Public Rights are not remeasured subsequent to
the date of the initial recognition.

14

SIDDHI ACQUISITION CORP

NOTES TO CONDENSED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025

(Unaudited)

NOTE 9. SEGMENT INFORMATION

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from
which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated
by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess
performance.

The Company’s CODM has been identified as
the Chief Executive Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions
about allocating resources and assessing