Financial Performance - For the three months ended June 30, 2025, the company reported a net income of $808,306, primarily from interest earned on marketable securities[102]. - The company incurred total expenses of $1,884 during the period from January 9, 2025, through June 30, 2025, which was fully paid by July 31, 2025[100]. - Cash used in operating activities from January 9, 2025, through June 30, 2025, amounted to $385,773[106]. Initial Public Offering - The company generated gross proceeds of $150,000,000 from the Initial Public Offering of 15,000,000 Public Units at $10.00 per unit[104]. - The company has a deferred underwriting discount of 4.00% of the gross proceeds from the Initial Public Offering, amounting to $6,000,000, payable upon the closing of an initial Business Combination[113]. Trust Account and Marketable Securities - As of June 30, 2025, the company had marketable securities held in the Trust Account totaling $150,834,274, including $834,274 of interest income[107]. - The company plans to use funds in the Trust Account primarily to complete its Business Combination and for working capital[107]. Future Expectations - The company expects to incur increased expenses due to being a public company, including legal and compliance costs[101]. - The company does not anticipate needing to raise additional funds for operating expenditures prior to the Business Combination[110]. - The company has no long-term debt or off-balance sheet arrangements as of June 30, 2025[111].
EGH Acquisition Corp-A(EGHA) - 2025 Q2 - Quarterly Report