Company Overview - Wen Acquisition Corp is a blank check company formed to effect mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [2] - The primary focus of the company will be on infrastructure companies in the financial technology (fintech) sector, particularly those enabling digital assets like stablecoins through the integration of blockchain networks into traditional financial systems [2] Trading Information - Starting July 7, 2025, holders of units sold in the initial public offering can separately trade the Class A ordinary shares and warrants included in the units [1] - The separated Class A ordinary shares and warrants will trade on the Nasdaq Global Market under the symbols "WENN" and "WENNW," respectively, while units not separated will continue to trade under the symbol "WENNU" [1]

Financial Performance - The company reported a net loss of $43,944 for the period from January 13, 2025, through March 31, 2025, primarily due to general and administrative costs [104]. - The company has not generated any revenues to date and does not expect to do so until after the completion of the Business Combination [103]. Initial Public Offering (IPO) - The company completed its Initial Public Offering on May 19, 2025, raising gross proceeds of $300,150,000 from the sale of 30,015,000 units at $10.00 per unit [108]. - Transaction costs associated with the Initial Public Offering amounted to $20,196,742, which included a cash underwriting fee of $5,220,000 and a deferred underwriting fee of $14,289,750 [109]. - A total of $300,150,000 was placed in the Trust Account following the Initial Public Offering, which will be used to complete the Business Combination [109]. - The company intends to use substantially all funds in the Trust Account for the Business Combination and any remaining proceeds for working capital to finance operations of the target business [110]. Financial Obligations and Risks - The company has no long-term debt or off-balance sheet arrangements as of March 31, 2025 [114]. - The company may need to raise additional funds if the costs of identifying a target business exceed estimates, which could impact operations prior to the Business Combination [113]. - The company incurred monthly fees of $12,500 for office space and administrative support, which will cease upon completion of the Business Combination [115]. Regulatory Environment - The SEC's 2024 SPAC Rules may materially affect the company's ability to negotiate and complete its initial Business Combination [101].