Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 0

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Interim Financial Statements.

SIDDHI ACQUISITION CORP

CONDENSED BALANCE SHEETS

    September 30, 2025  
    December 31, 

    (Unaudited)  
    2024 
  
    ASSETS 

    Current assets 

    Cash 
    $759,129  
    $578 
  
    Prepaid expenses 
     94,526  
     — 
  
    Total current assets 
     853,655  
     578 
  
    Long-term prepaid insurance 
     37,500  
     — 
  
    Investments held in Trust Account 
     283,244,155  
     — 
  
    Deferred offering costs 
     —  
     342,805 
  
    TOTAL ASSETS 
    $284,135,310  
    $343,383 

    LIABILITIES AND SHAREHOLDERS’ DEFICIT 

    Current liabilities 

    Accrued expenses 
    $19,446  
    $5,000 
  
    Accrued offering costs 
     80,000  
     218,300 
  
    Total current liabilities 
     99,446  
     223,300 
  
    Advisory fee payable 
     8,280,000  
     – 
  
    Deferred underwriting fee payable 
     8,280,000  
     – 
  
    Promissory note - related party 
     —  
     160,000 
  
    TOTAL LIABILITIES 
     16,659,446  
     383,300 

    COMMITMENTS AND CONTINGENCIES (Note 6) 

    Class A ordinary shares subject to possible redemption, 27,600,000 and 0 shares at a redemption value of $10.26 and $0 per share as of September 30, 2025 and December 31, 2024, respectively 
     283,244,155  
     — 

    SHAREHOLDERS’ DEFICIT 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of September 30, 2025 and December 31, 2024	 
     —  
     — 
  
    Class A ordinary shares, $