Agriculture & Natural Solutions Acquisition Corp (ANSC)
Income Statement
Consolidated Statement of Income
Agriculture & Natural Solutions Acquisition Corporation (ANSCW)
Three Months Ended
| Mar 31, 2026 (Q1) | Mar 31, 2025 (Q1) | |
|---|---|---|
| General and administrative expenses | $614,691 | $(39,833) |
| Loss (income) from operations | (614,691) | 39,833 |
| Interest on cash held in Trust Account | $3,369,982 | $3,977,942 |
| Net income | $2,755,291 | $4,017,775 |
| Weighted average shares outstanding, basic | 41,547,237 | 43,125,000 |
| Redeemable Class A Ordinary Shares | 32,922,237 | 34,500,000 |
| Non-Redeemable Class B Ordinary Shares | 8,625,000 | 8,625,000 |
| Weighted average shares outstanding, diluted | 41,547,237 | 43,125,000 |
| Redeemable Class A Ordinary Shares | 32,922,237 | 34,500,000 |
| Non-Redeemable Class B Ordinary Shares | 8,625,000 | 8,625,000 |
| Basic net income per share | 0.14 | 0.18 |
| Redeemable Class A Ordinary Shares | 0.07 | 0.09 |
| Non-Redeemable Class B Ordinary Shares | 0.07 | 0.09 |
| Diluted net income per share | 0.14 | 0.18 |
| Redeemable Class A Ordinary Shares | 0.07 | 0.09 |
| Non-Redeemable Class B Ordinary Shares | 0.07 | 0.09 |
Balance Sheet
Consolidated Balance Sheets
Agriculture & Natural Solutions Acquisition Corporation (ANSCW)
As of March 31, 2026 and December 31, 2025
| Mar 31, 2026 | Dec 31, 2025 | |
|---|---|---|
| Cash | $1 | $1 |
| Prepaid expenses | $153,629 | $214,542 |
| Total current assets | $153,630 | $214,543 |
| Cash held in Trust Account | $371,313,599 | $365,968,284 |
| Total assets | $371,467,229 | $366,182,827 |
| Accounts payable | $95,638 | $56,828 |
| Nonrelated Party | $95,638 | $56,828 |
| Due to related party | $7,781,154 | $7,531,935 |
| Related Party | $7,781,154 | $7,531,935 |
| Extension promissory notes | $3,292,224 | $1,316,890 |
| Working capital promissory notes | $1,500,000 | $1,500,000 |
| Deferred legal fees | $7,138,801 | $6,923,553 |
| Accrued expenses | $50,500 | |
| Total current liabilities | $19,858,317 | $17,329,206 |
| Deferred underwriting fees payable | $12,075,000 | $12,075,000 |
| Total liabilities | $31,933,317 | $29,404,206 |
| Commitments and Contingencies (Note 5) | ||
| Class A ordinary shares subject to possible redemption, $0.0001 par value; 32,922,237 shares at $11.28 and $11.12 per share on cash held in Trust Account at March 31, 2026 and December 31, 2025 | ||
| Ordinary shares subject to possible redemption - Class A Ordinary Shares | $371,313,599 | $365,968,284 |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at March 31, 2026 and December 31, 2025 | ||
| Ordinary shares | $863 | $863 |
| Class A Ordinary Shares | ||
| Class B Ordinary Shares | $863 | $863 |
| Additional paid-in capital | ||
| Accumulated deficit | $(31,780,550) | $(29,190,526) |
| Total shareholders' deficit | $(31,779,687) | $(29,189,663) |
| Total Liabilities, Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit | $371,467,229 | $366,182,827 |
Cash Flow
Consolidated Statement of Cash Flows
Agriculture & Natural Solutions Acquisition Corporation (ANSCW)
Three Months Ended
| Mar 31, 2026 (Q1) | Mar 31, 2025 (Q1) | |
|---|---|---|
| Net income | $2,755,291 | $4,017,775 |
| Interest on cash held in Trust Account | $(3,369,982) | $(3,977,942) |
| General and administrative expenses funded by a note payable to Sponsor and affiliates | $2,224,553 | $1,307,421 |
| Prepaid expenses | $60,914 | $56,739 |
| Deferred legal fees | $215,248 | $(951,968) |
| Accounts payable | $38,810 | $(449,360) |
| Accrued expenses | $50,500 | $(2,665) |
| Net cash provided by operating activities | $1,975,334 | |
| Extension contribution deposit into the Trust Account | $(1,975,334) | |
| Net cash used in investing activities | $(1,975,334) | |
| Net decrease in cash | ||
| Cash - end of period | ||
| Cash - end of period |