v3.25.2

BALANCE SHEETS - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 129,598	$ 3,898
Prepaid expenses	28,000	3,148
Total current assets	157,598	7,046
Investments held in Trust Account	5,285,060	45,356,234
Total Assets	5,442,658	45,363,280
Current liabilities:
Accounts payable	341,262	9,065
Accrued expenses	580,531	59,430
Total current liabilities	1,041,793	68,495
Bridge Financing Note	1,063,235
Derivative liabilities	88,200	112,460
Contingently issuable private placement warrants	4,600	5,865
Total Liabilities	2,494,770	186,820
Commitments and Contingencies (Note 6)
Shareholders’ deficit:
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital	129,497	863,326
Accumulated deficit	(2,367,244)	(943,675)
Total shareholders’ deficit	(2,237,172)	(79,774)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit	5,442,658	45,363,280
Related Party
Current liabilities:
Accrued expenses – related party	120,000
Exchange Note – related party	296,942
Class A ordinary shares subject to possible redemption
Current liabilities:
Class A ordinary shares subject to possible redemption; $0.0001 par value; 455,736 and 4,151,134 shares at redemption value of $11.377 and $10.902 per share at December 31, 2024 and 2023, respectively	5,185,060	45,256,234
Class A ordinary shares
Shareholders’ deficit:
Ordinary shares, value	256
Class B ordinary shares
Shareholders’ deficit:
Ordinary shares, value	$ 319	$ 575

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

Chain Bridge I 10-K