10-Q Filing

OTG Acquisition Corp. I CIK: 2077010 Q3 2025

Filing Information

Form Type	10-Q
Accession Number	`0001493152-25-021926`
Period End Date	20250930
Filing Date	20251112
Fiscal Year	2025
Fiscal Period	Q3
XBRL Instance	form10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 12 Cash Flow Statement 46 Stockholders Equity 28

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Prepaid expenses	`PrepaidExpenseCurrent`	$151.26K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$151.26K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.26K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.26K	USD	Point-in-time
Long-term prepaid insurance	`PrepaidExpenseNoncurrent`	$102.54K	USD	Point-in-time
Long-term prepaid insurance	`PrepaidExpenseNoncurrent`	$102.54K	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$231.49M	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$231.49M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Assets	`Assets`	$231.75M	USD	Point-in-time
Total Assets	`Assets`	$231.75M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$75.00K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCosts`	$75.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$29.82K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$29.82K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$104.83K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$104.83K	USD	Point-in-time
Commitments and Contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption, $0.0001 par value; 23,000,000 shares at redemption value of $10.06 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$231.49M	USD	Point-in-time
Class A ordinary shares subject to possible redemption, $0.0001 par value; 23,000,000 shares at redemption value of $10.06 per share	`TemporaryEquityCarryingAmountAttributableToParent`	$231.49M	USD	Point-in-time
Preference shares, $0.0001 par value per share; 1,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value per share; 1,000,000 shares authorized; none issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Share subscription receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$971.90K	USD	Point-in-time
Share subscription receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$971.90K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$910.37K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$910.37K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$209.86K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$209.86K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$10.49K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$10.49K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$148.98K	USD	Point-in-time
Total Shareholders Equity	`StockholdersEquity`	$148.98K	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$231.75M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$231.75M	USD	Point-in-time

Income Statement 12 line items

Line Item	Tag	Value	Unit	Period
General and administrative costs	`GeneralAndAdministrativeExpense`	$119.43K	USD	1 Quarter
General and administrative costs	`GeneralAndAdministrativeExpense`	$119.43K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$119.43K	USD	1 Quarter
TOTAL OPERATING EXPENSES	`OperatingExpenses`	$119.43K	USD	1 Quarter
Income earned on cash and marketable securities held in Trust Account	`InvestmentIncomeInterest`	$343.80K	USD	1 Quarter
Income earned on cash and marketable securities held in Trust Account	`InvestmentIncomeInterest`	$343.80K	USD	1 Quarter
TOTAL OTHER INCOME	`NonoperatingIncomeExpense`	$343.80K	USD	1 Quarter
TOTAL OTHER INCOME	`NonoperatingIncomeExpense`	$343.80K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-14.51K	USD	Point-in-time
Net income	`NetIncomeLoss`	$-14.51K	USD	Point-in-time
Net income	`NetIncomeLoss`	$224.37K	USD	1 Quarter
Net income	`NetIncomeLoss`	$224.37K	USD	1 Quarter

Cash Flow Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$-14.51K	USD	Point-in-time
Net income	`NetIncomeLoss`	$-14.51K	USD	Point-in-time
Net income	`NetIncomeLoss`	$224.37K	USD	1 Quarter
Net income	`NetIncomeLoss`	$224.37K	USD	1 Quarter
Interest earned on cash and marketable securities held in Trust Account	`InvestmentIncomeInterest`	$343.80K	USD	1 Quarter
Interest earned on cash and marketable securities held in Trust Account	`InvestmentIncomeInterest`	$343.80K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$153.38K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpensesOther`	$153.38K	USD	1 Quarter
Long-term prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	$102.54K	USD	1 Quarter
Long-term prepaid insurance	`IncreaseDecreaseInPrepaidInsurance`	$102.54K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$33.92K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$33.92K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-355.95K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-355.95K	USD	1 Quarter
Investment of cash into Trust Account	`PaymentsToAcquireInvestments`	$231.15M	USD	1 Quarter
Investment of cash into Trust Account	`PaymentsToAcquireInvestments`	$231.15M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-231.15M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-231.15M	USD	1 Quarter
Proceeds from sale of Units, net of underwriting discounts paid	`ProceedsFromIssuanceOfCommonStock`	$225.40M	USD	1 Quarter
Proceeds from sale of Units, net of underwriting discounts paid	`ProceedsFromIssuanceOfCommonStock`	$225.40M	USD	1 Quarter
Proceeds from sale of Private Placement Units	`ProceedsFromIssuanceOfPrivatePlacement`	$7.75M	USD	1 Quarter
Proceeds from sale of Private Placement Units	`ProceedsFromIssuanceOfPrivatePlacement`	$7.75M	USD	1 Quarter
Share subscription receivable	`ShareSubscriptionReceivable`	$2.00M	USD	1 Quarter
Share subscription receivable	`ShareSubscriptionReceivable`	$2.00M	USD	1 Quarter
Settlement of share subscription receivable	`ProceedsFromContributedCapital`	$1.03M	USD	1 Quarter
Settlement of share subscription receivable	`ProceedsFromContributedCapital`	$1.03M	USD	1 Quarter
Proceeds from promissory note - related party	`ProceedsFromRepaymentsOfNotesPayable`	$-115.30K	USD	1 Quarter
Proceeds from promissory note - related party	`ProceedsFromRepaymentsOfNotesPayable`	$-115.30K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$556.85K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$556.85K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$231.51M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$231.51M	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Deferred offering costs included in accrued offering costs	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	75,000.00	shares	1 Quarter
Deferred offering costs included in accrued offering costs	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	75,000.00	shares	1 Quarter
Prepaid expenses contributed by Sponsor in exchange for issuance of Class B ordinary shares	`PrepaidExpensesContributedBySponsorInExchangeForIssuanceOfClassBOrdinaryShares`	$25.00K	USD	1 Quarter
Prepaid expenses contributed by Sponsor in exchange for issuance of Class B ordinary shares	`PrepaidExpensesContributedBySponsorInExchangeForIssuanceOfClassBOrdinaryShares`	$25.00K	USD	1 Quarter

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$10.49K	USD	Point-in-time
Balance	`StockholdersEquity`	$10.49K	USD	Point-in-time
Balance	`StockholdersEquity`	$148.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$148.98K	USD	Point-in-time
Issuance of Class B ordinary shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	Point-in-time
Issuance of Class B ordinary shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-14.51K	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$-14.51K	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$224.37K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$224.37K	USD	1 Quarter
Accretion for Class A ordinary shares to redemption amount	`AccretionForClassOrdinarySharesToRedemptionAmount`	$-9.88M	USD	1 Quarter
Accretion for Class A ordinary shares to redemption amount	`AccretionForClassOrdinarySharesToRedemptionAmount`	$-9.88M	USD	1 Quarter
Sale of Private Placement Units	`SaleOfPrivatePlacementUnits`	$5.75M	USD	1 Quarter
Sale of Private Placement Units	`SaleOfPrivatePlacementUnits`	$5.75M	USD	1 Quarter
Fair Value of Public Warrants at issuance	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$3.12M	USD	1 Quarter
Fair Value of Public Warrants at issuance	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$3.12M	USD	1 Quarter
Allocated value of transaction costs to Class A shares	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-97.53K	USD	1 Quarter
Allocated value of transaction costs to Class A shares	`AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts`	$-97.53K	USD	1 Quarter
Settlement of share subscription receivable	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$1.03M	USD	1 Quarter
Settlement of share subscription receivable	`AdjustmentsToAdditionalPaidInCapitalMarkToMarket`	$1.03M	USD	1 Quarter
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$10.49K	USD	Point-in-time
Balance	`StockholdersEquity`	$10.49K	USD	Point-in-time
Balance	`StockholdersEquity`	$148.98K	USD	Point-in-time
Balance	`StockholdersEquity`	$148.98K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.