SHOTU

SHOTU

CIK 0002104879

Small by assets Assets $218M as of Aug 16, 2026

Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.

Sign up free

Want to see a complete report first? Today's free report (HPQ 10-Q) is open in full — no account needed.

10-Q Filed Aug 12, 2026 · Period ending Jun 30, 2026

Summary not yet generated.

8-K Filed Jul 13, 2026 · Period ending Jul 13, 2026

Summary not yet generated.

Partner

Trade SHOTU commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

8-K Filed Jun 17, 2026 · Period ending Jun 11, 2026

Summary not yet generated.

8-K Filed Jun 15, 2026 · Period ending Jun 11, 2026

Summary not yet generated.

424B4 Filed Jun 11, 2026

Summary not yet generated.

8-K Filed Jun 11, 2026 · Period ending Jun 9, 2026

Summary not yet generated.

S-1/A Filed Jun 5, 2026

Summary not yet generated.

S-1 Filed Feb 27, 2026

Summary not yet generated.

Latest financial statements

From 10-Q filed Aug 12, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.

As filed

Condensed Statements of Operations (Unaudited)

Description Three months ended June 30, 2026 Six months ended June 30, 2026
General and administrative expenses 6,598,933 6,669,234
Loss from operations (6,598,933) (6,669,234)
Other income:
Change on over-allotment liability 70,700 70,700
Interest earned on marketable securities held in Trust Account 392,131 392,131
Total other income 462,831 462,831
Net loss (6,136,102) (6,206,403)
Basic and diluted weighted average shares outstanding of Class A ordinary shares 4,731,868 2,379,006
Basic and diluted net loss per ordinary share, Class A ordinary shares (0.53) (0.68)
Basic and diluted weighted average shares outstanding of Class B ordinary shares 6,763,370 6,715,286
Basic and diluted net loss per ordinary share, Class B ordinary shares (0.53) (0.68)

Condensed Balance Sheets

Description June 30, 2026 December 31, 2025
Assets
Current assets:
Cash 1,140,947
Due from Sponsor 6,500
Prepaid expenses 91,438 30,000
Total current assets 1,238,885 30,000
Long-term prepaid expense 59,028
Deferred offering costs 110,008
Cash and marketable securities held in Trust Account 216,892,131
Total Assets 218,190,044 140,008
Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ (Deficit) Equity
Current liabilities:
Accounts payable and accrued expenses 43,037 5,212
Accrued offering costs 76,570 85,008
Promissory note related party 40,420
Total Current Liabilities 119,607 130,640
Advisory fee payable 6,495,000
Deferred underwriting fee payable 6,495,000
Total Liabilities 13,109,607 130,640
Commitments and Contingencies (Note 6)
Class A Ordinary Shares subject to Possible Redemption
Class A ordinary shares subject to possible redemption, $0.0001 par value; 21,650,000 and no shares at redemption value of $10.02 and $0.00 per share as of June 30, 2026 and December 31, 2025, respectively 216,892,131
Shareholders’ (Deficit) Equity
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of June 30, 2026 and December 31, 2025
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 210,000 shares and 0 issued and outstanding (excluding 21,650,000 and no shares subject to possible redemption) as of June 30, 2026 and December 31, 2025, respectively 21
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,216,667 and 7,666,667 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively (1)(2) 722 767
Additional paid-in capital 24,233
Accumulated deficit (11,812,437) (15,632)
Total Shareholders’ (Deficit) Equity (11,811,694) 9,368
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ (Deficit) Equity 218,190,044 140,008

Condensed Statement of Cash Flows (Unaudited)

Description Six months ended June 30, 2026
Net loss (6,206,403)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on cash and marketable securities held in Trust Account (392,131)
Payment of general and administrative expenses through promissory note 87,976
Change on over-allotment liability (70,700)
Changes in operating assets and liabilities:
Prepaid expenses (45,728)
Long-term prepaid expense (59,028)
Accounts payable and accrued expenses 43,037
Advisory fee payable 6,495,000
Net cash used in operating activities (147,977)
Cash Flows from Investing Activities:
Investment of cash in Trust Account (216,500,000)
Net cash used in investing activities (216,500,000)
Cash Flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts paid 216,250,000
Proceeds from sale of Private Units 2,100,000
Due from Sponsor (6,500)
Repayment of promissory note related party (316,379)
Payment of offering costs (238,197)
Net cash provided by financing activities 217,788,924
Net Change in Cash 1,140,947
Cash Beginning of period
Cash End of period 1,140,947
Noncash investing and financing activities:
Offered costs included in accrued offering costs 76,570
Deferred offering costs paid through promissory note related party 147,983
Prepaid expenses applied as a payment to offering costs 19,078
Prepaid expenses applied as a payment to accrued expense 5,212
Prepaid services contributed by Sponsor through promissory note 40,000
Deferred underwriting fee payable 6,495,000
Forfeiture of Founder Shares 45

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 ↗