$CBGGF

Chain Bridge I

CIK:0001845149|SEC Filings

Unaudited Condensed Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
Unaudited Condensed Statements of Operations - USD ($)	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
General and administrative expenses	$ 111,992	$ 275,283	$ 334,031	$ 467,133
General and administrative expenses - related party	30,000	30,000	60,000	60,000
Loss from operations	(141,992)	(305,283)	(394,031)	(527,133)
Other (expense) income:
Change in fair value of derivative liabilities	66,150	242,550	(37,480)	55,120
Change in fair value of contingently issuable private placement warrants	3,450	12,650	(1,955)	2,875
Interest expense - debt issuance cost	(100,858)		(183,189)
Income from investments held in Trust Account	6,861	55,876	13,607	111,291
Total other (expense) income, net	(24,397)	311,076	(209,017)	169,286
Net (loss) income	$ (166,389)	$ 5,793	$ (603,048)	$ (357,847)
Redeemable Shares
Other (expense) income:
Weighted average shares outstanding, basic (in Shares)	62,590	455,736	62,590	455,736
Weighted average shares outstanding, diluted (in Shares)	62,590	455,736	62,590	455,736
Basic net (loss) income per share (in Dollars per share)	$ (0.03)	$ 0	$ (0.1)	$ (0.06)
Diluted net (loss) income per share (in Dollars per share)	$ (0.03)	$ 0	$ (0.1)	$ (0.06)
Nonredeemable Shares
Other (expense) income:
Weighted average shares outstanding, basic (in Shares)	5,750,000	5,750,000	5,750,000	5,750,000
Weighted average shares outstanding, diluted (in Shares)	5,750,000	5,750,000	5,750,000	5,750,000
Basic net (loss) income per share (in Dollars per share)	$ (0.03)	$ 0	$ (0.1)	$ (0.06)
Diluted net (loss) income per share (in Dollars per share)	$ (0.03)	$ 0	$ (0.1)	$ (0.06)

Unaudited Condensed Statements of Cash Flows - USD ($)	6 Months Ended
Unaudited Condensed Statements of Cash Flows - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net loss	$ (603,048)	$ (357,847)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of derivative liabilities	37,480	(55,120)
Change in fair value of contingently issuable private placement warrants	1,955	(2,875)
Interest expense - debt issuance cost	183,189
Income from investments held in Trust Account	(13,607)	(111,291)
Changes in operating assets and liabilities:
Prepaid expenses	20,635	22,800
Accounts payable	(91,245)	73,957
Accrued expenses	71,743	156,828
Accrued expenses – related party	50,000
Other receivable	(150,000)
Net cash used in operating activities	(492,898)	(273,548)
Cash Flows from Investing Activities:
Cash deposited in Trust Account	(3,756)	(27,344)
Net cash used in investing activities	(3,756)	(27,344)
Cash Flows from Financing Activities:
Proceeds from Senior Note	250,000
Proceeds received from Sponsor for Trust Account contribution	3,755	27,344
Repayment of bridge financing note		(40,000)
Proceeds from convertible note – related party		186,806
Net cash provided by financing activities	253,755	174,150
Net change in cash	(242,899)	(126,742)
Cash — beginning of the period	390,255	129,598
Cash — end of the period	147,356	2,856
Supplemental schedule of noncash financing activities:
Vendor payment made by exchange note holder		7,500
Deemed dividend - increase in redemption value of Class A ordinary shares subject to possible redemption	13,607	111,291
Waiver of $100,000 dissolution expense pursuant to Dissolution Expense Reimbursement Agreement		$ 100,000

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash	$ 147,356	$ 390,255
Prepaid expenses	6,215	26,850
Other receivable	150,000
Total current assets	303,571	417,105
Investments held in Trust Account	783,587	766,224
Total Assets	1,087,158	1,183,329
Current liabilities:
Accounts payable	338,409	429,655
Accrued expenses	867,730	795,987
Total current liabilities	1,256,139	1,225,642
Bridge Financing Note	1,023,235	1,023,235
Senior Note, net	1,511,255	1,078,066
Derivative liabilities	595,350	557,870
Contingently issuable private placement warrants	31,050	29,095
Total Liabilities	4,785,709	4,282,588
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption; $0.0001 par value; 62,590 shares at redemption value of approximately $12.519 and $12.242 per share at June 30, 2026 and December 31, 2025, respectively	783,587	766,224
Shareholders’ deficit:
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital
Accumulated deficit	(4,482,713)	(3,866,058)
Total shareholders’ deficit	(4,482,138)	(3,865,483)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit	1,087,158	1,183,329
Related Party
Current liabilities:
Accrued expenses – related party	50,000
Exchange Note – related party	368,680	368,680
Class A Ordinary Shares
Shareholders’ deficit:
Ordinary shares, value	256	256
Class B Ordinary Shares
Shareholders’ deficit:
Ordinary shares, value	$ 319	$ 319