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Wintergreen Acquisition Corp. SEC 10-Q Report

Wintergreen Acquisition Corp. SEC 10-Q Report

Wintergreen Acquisition Corp.November 12, 20254
Wintergreen Acquisition Corp. SEC 10-Q Report

About this update from Wintergreen Acquisition Corp.

Wintergreen Acquisition Corp., a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, has released its Form 10-Q report for the third quarter of 2025. The report provides a comprehensive overview of the company's financial performance and operational activities for the period ending September 30, 2025. Financial Highlights Net Income: $604,594 for the nine months ended September 30, 2025, driven by gains from changes in the fair value of over-allotment liability, income earned on marketable securities held in the trust account, and interest income earned on time-deposits, offset by operating expenses.Net Income: $566,442 for the three months ended September 30, 2025, including similar gains and income sources as the nine-month period, offset by operating expenses.Net Income Per Share: $0.57, basic and diluted earnings per ordinary share for redeemable ordinary shares for the nine months ended September 30, 2025.Net Income Per Share: $0.18, basic and diluted earnings per ordinary share for redeemable ordinary shares for the three months ended September 30, 2025.Net Income Per Share: $(0.25), basic and diluted loss per ordinary share for non-redeemable ordinary shares for the three months ended September 30, 2025.Net Income Per Share: $(0.57), basic and diluted loss per ordinary share for non-redeemable ordinary shares for the nine months ended September 30, 2025. Business Highlights Business Overview: Wintergreen Acquisition Corp. is focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company has not yet selected a business combination target and has not initiated any substantive discussions with potential targets.IPO and Fundraising: On May 30, 2025, Wintergreen completed its Initial Public Offering (IPO) of 5,000,000 units at $10.00 per unit, generating gross proceeds of $50,000,000. An additional 595,000 units were sold through the partial exercise of the over-allotment option, raising an extra $5,950,000. Simultaneously, a private placement of 253,875 units to the Sponsor raised $2,538,750.Trust Account: Following the IPO, $56,089,875 from the net proceeds was placed in a trust account, intended for use i...

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