IPHXU

IPHXU

CIK 0002146310

Micro by assets Assets $70K as of Oct 11, 2026

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8-K Filed Sep 30, 2026 · Period ending Sep 30, 2026

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10-Q Filed Sep 28, 2026 · Period ending Jun 30, 2026

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8-K Filed Sep 4, 2026 · Period ending Aug 31, 2026

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8-K Filed Sep 2, 2026 · Period ending Aug 27, 2026

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424B4 Filed Aug 31, 2026

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S-1/A Filed Aug 24, 2026

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S-1 Filed Aug 10, 2026

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Latest financial statements

From 10-Q filed Sep 28, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.

As filed

Condensed Statement of Operations (Unaudited)

Description Period from may 6, 2026 (inception) through june 30, 2026
Formation, general, and administrative costs 97,897
Net loss (97,897)
Basic and diluted weighted average Class B ordinary shares outstanding(1)(2) 8,333,333
Basic and diluted net loss per Class B ordinary share (0.01)

Condensed Balance Sheet (Unaudited)

Description June 30, 2026
Prepaid expenses 20,000
Total Current Assets 20,000
Deferred offering costs 49,719
Total Assets 69,719
Liabilities and Shareholder’s Deficit:
Current Liabilities
Accrued expenses 40,477
Accrued offering costs 49,719
Promissory note related party 52,420
Total Current Liabilities 142,616
Commitments and Contingencies (Note 6)
Shareholder’s Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding —
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued or outstanding —
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 9,583,333 shares issued and outstanding(1)(2) 958
Additional paid-in capital 24,042
Accumulated deficit (97,897)
Total Shareholder’s Deficit (72,897)
Total Liabilities and Shareholder’s Deficit 69,719

Condensed Statement of Cash Flows (Unaudited)

Description Period from may 6, 2026 (inception) through june 30, 2026
Net loss (97,897)
Adjustments to reconcile net loss to net cash used in operating activities:
Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares 5,000
General and administrative costs paid through promissory note related party 52,420
Changes in operating assets and liabilities:
Accrued expenses 40,477
Net cash used in operating activities —
Net change in cash —
Cash, beginning of period —
Cash, end of period —
Supplemental disclosure of cash flow information:
Deferred offering costs included in accrued offering costs 49,719
Prepaid expense paid by Sponsor in exchange for issuance of Class B ordinary shares 20,000

Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗