GIWWU — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-05

• On June 25, 2026, the Company announced that it had entered into the Letter of Intent with Quantisimo Corp. (“Quantisimo”) to explore a proposed Business Combination that would establish a Nasdaq-listed strategic quantum technology platform. The proposed transaction contemplates a combined company w…

• See the Current Report on Form 8-K filed with the SEC on June 25, 2026, for further discussion on the Letter of Intent.

• For the six months ended June 30, 2026, we had net income of $3,935,587, which consisted of interest and dividend income on cash and marketable securities held in the Trust Account and operating account of $4,535,568 and $508, respectively, that were partially offset by operating expenses of $600,48…

• For the six months ended June 30, 2026, cash used in operating activities was $726,417, resulting from interest and dividends earned on marketable securities held in the Trust Account of $4,535,568, plus decreases in accounts payable of $96,019, related party payable of $38,016 and accrued liabiliti…

• For the period from June 30, 2025 (inception) to June 30, 2025, cash used in operating activities was zero, resulting from a net loss of $5,363 offset by an increase in accrued liabilities of $5,363.

Text removed vs the prior filing · source: 10-Q · 2026-05-13

• For the three months ended March 31, 2026, cash used in operating activities was $391,037, resulting from interest and dividends earned on marketable securities held in the Trust Account of $2,254,569, plus an increase in prepaid expenses and other current assets of $39,634 and a decrease in account…

Text added vs the prior filing · source: 10-Q · 2026-08-05

• As required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of June 30, 2026. Based upon their evaluation, our Chief Exec…

Text removed vs the prior filing · source: 10-Q · 2026-05-13

• As required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of March 31,

• 2026. Based upon their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) were effective.

Text added vs the prior filing · source: 10-Q · 2026-08-05

• The Company has no operating history and is subject to mandatory liquidation and subsequent dissolution requirement. If the Company is unable to consummate a Business Combination, including the Business Combination, its public shareholders may be forced to wait until after October 7, 2027, before re…

• The Company is a blank check company, has no operating history and is subject to a mandatory liquidation and subsequent dissolution requirement. The Company has until October 7, 2027 (24 months from the closing of its initial public offering) to complete a Business Combination (the “Completion Windo…

• The requirement that we complete a Business Combination by the Completion Window could limit the amount of time we have to negotiate the terms of a potential Business Combination, and conduct due diligence on potential Business Combination targets, which could adversely affect our ability to consumm…

• Any potential target business with which we enter into negotiations concerning our initial Business Combination will be aware that we must consummate our initial Business Combination by the Completion Window. Consequently, we will have a limited amount of time to negotiate the terms of a potential B…

• We have no operating or financial history and our results of operations and those of the post-combination company may differ significantly from the unaudited pro forma financial data that will be included in the proxy statement/prospectus for the Business Combination.