Agriculture & Natural Solutions Acquisition Corp (ANSC)

Latest 10-K (filed 2026-03-27)

Income Statement

Consolidated Statement of Income

Agriculture & Natural Solutions Acquisition Corporation (ANSCW)

Year Ended

Dec 31, 2025 Dec 31, 2024
        General and administrative expenses $5,498,493 $10,241,431
      Loss from operations (5,498,493) (10,241,431)
      Interest on cash held in Trust Account $15,967,259 $18,605,323
      Net income $10,468,766 $8,363,892
      Weighted average shares outstanding, basic 42,913,191 43,125,000
Redeemable Class A Ordinary Shares 34,288,191 34,500,000
Non-Redeemable Class B Ordinary Shares 8,625,000 8,625,000
      Weighted average shares outstanding, diluted 42,913,191 43,125,000
Redeemable Class A Ordinary Shares 34,288,191 34,500,000
Non-Redeemable Class B Ordinary Shares 8,625,000 8,625,000
      Basic net income per share 0.48 0.38
Redeemable Class A Ordinary Shares 0.24 0.19
Non-Redeemable Class B Ordinary Shares 0.24 0.19
      Diluted net income per share 0.48 0.38
Redeemable Class A Ordinary Shares 0.24 0.19
Non-Redeemable Class B Ordinary Shares 0.24 0.19

Balance Sheet

Consolidated Balance Sheets

Agriculture & Natural Solutions Acquisition Corporation (ANSCW)

As of December 31, 2025 and December 31, 2024

Dec 31, 2025 Dec 31, 2024
            Cash $1 $1
            Prepaid expenses $214,542 $273,215
          Total current assets $214,543 $273,216
          Cash held in Trust Account $365,968,284 $366,062,161
        Total assets $366,182,827 $366,335,377
            Accounts payable $56,828 $869,458
Nonrelated Party $56,828 $869,458
            Working capital promissory notes $1,500,000 $1,500,000
            Extension promissory notes $1,316,890
            Due to related party $7,531,935 $1,248,181
Related Party $7,531,935 $1,248,181
            Accrued expenses $5,605
            Deferred legal fees $6,923,553 $6,949,253
          Total current liabilities $17,329,206 $10,572,497
          Deferred underwriting fees payable $12,075,000 $12,075,000
          Deferred legal fees
          Total liabilities $29,404,206 $22,647,497
          Commitments and Contingencies (Note 5)
          Class A ordinary shares subject to possible redemption, $0.0001 par value; 32,922,237 and 34,500,000 shares at approximately $11.12 and $10.61 per share at December 31, 2025 and 2024
Ordinary shares subject to possible redemption - Class A Ordinary Shares $365,968,284 $366,062,161
          Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at December 31, 2025 and 2024
          Ordinary shares $863 $863
Class A Ordinary Shares
Class B Ordinary Shares $863 $863
          Additional paid-in capital
          Accumulated deficit $(29,190,526) $(22,375,144)
          Total shareholders' deficit $(29,189,663) $(22,374,281)
        Total Liabilities, Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit $366,182,827 $366,335,377

Cash Flow

Consolidated Statement of Cash Flows

Agriculture & Natural Solutions Acquisition Corporation (ANSCW)

Year Ended

Dec 31, 2025 Dec 31, 2024
          Net income $10,468,766 $8,363,892
          Interest on cash held in Trust Account $(15,967,259) $(18,605,323)
          General and administrative expenses funded by a note payable to Sponsor and affiliates $7,600,644 $2,818,641
          Prepaid expenses $58,673 $207,222
          Accounts payable $(812,630) $844,678
          Deferred legal fees $(25,700) $6,365,286
          Accrued expenses $(5,605) $5,605
        Net cash (used in) provided by operating activities $1,316,889 $1
          Extension contribution deposit into the Trust Account $(1,316,889)
          Trust Account withdrawal - redemption $17,378,025
        Net cash provided by investing activities $16,061,136
          Advances from related party $300,000
          Repayment of advances from related party $(584,783)
          Redemption of Class A ordinary shares $(17,378,025)
        Net cash used by financing activities $(17,378,025) $(284,783)
      Net decrease in cash $(284,782)
      Cash - end of year
      Cash - end of year