Meshflow Acquisition Corp 10-Q

Financial Statements (unaudited)

Item 1. Interim Financial Statements. MESHFLOW ACQUISITION CORP. CONDENSED BALANCE SHEETS June 30, 2026 December 31, 2025 (unaudited) ASSETS Current assets Cash $ 828,664 $ 1,160,495 Prepaid expenses 114,160 87,983 Total current assets 942,824 1,248,478 Long-term prepaid insurance 29,395 63,145 Cash and marketable securities held in Trust Account 351,843,131 345,700,744 TOTAL ASSETS $ 352,815,350 $ 347,012,367 LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT Current liabilities Accrued expense $ 68,032 $ 15,291 Accrued offering costs 75,000 75,000 Due to Sponsor 74,839 14,839 Total current liabilities 217,871 105,130 Deferred underwriting fee payable 14,700,000 14,700,000 Total Liabilities 14,917,871 14,805,130 Commitments (Note 6) Class A ordinary shares subject to possible redemption, $ 0.0001 par value; 34,500,000 shares at a redemption value of $ 10.20 and $ 10.02 per share at June 30, 2026 and December 31, 2025, respectively 351,843,131 345,700,744 Shareholders’ Deficit Preference shares, $ 0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at June 30, 2026 and December 31, 2025, respectively — — Class A ordinary shares, $ 0.0001 par value; 500,000,000 shares authorized; none issued or outstanding, excluding 34,500,000 shares subject to possible redemption at June 30, 2026 and December 31, 2025, respectively — — Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 8,625,000 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 863 863 Additional paid-in capital — — Accumulated deficit ( 13,946,515 ) ( 13,494,370 ) Total Shareholders’ Deficit ( 13,945,652 ) ( 13,493,507 ) TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT $ 352,815,350 $ 347,012,367 The accompanying notes are an integral part of the unaudited condensed financial statements. Field: Page; Sequence: 3; Options: NewSection; Value: 1 Field: Sequence; Type: Arabic; Name: PageNo 1 Field: /Sequence Field: /Page MESHFLOW ACQUISITION CORP. CONDENSED STATEMENTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 (UNAUDITED) For the Three Months Ended June 30, 2026 For the Six Months Ended June 30, 2026 General and administrative costs $ 191,397 $ 452,145 Loss from operations ( 191,397 ) ( 452,145 ) Other income: Interest earned o