$ARTC

Art Technology Acquisition Corp.

CIK:0002086545|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2026
General and administrative expenses	$ 336,392	$ 837,028
Loss from operations	(336,392)	(837,028)
Other income:
Interest earned on marketable securities held in Trust Account	2,257,032	4,247,870
Net income	$ 1,920,640	$ 3,410,842
Class A Ordinary Shares
Other income:
Basic weighted average shares outstanding	26,125,000	24,905,833
Diluted weighted average shares outstanding	26,125,000	24,905,833
Basic net income per share	$ 0.06	$ 0.1
Diluted net income per share	$ 0.06	$ 0.1
Class B Ordinary Shares
Other income:
Basic weighted average shares outstanding	8,708,333	8,555,555
Diluted weighted average shares outstanding	8,708,333	8,708,333
Basic net income per share	$ 0.06	$ 0.1
Diluted net income per share	$ 0.06	$ 0.1

Condensed Statement of Cash Flows (Unaudited)	6 Months Ended
Condensed Statement of Cash Flows (Unaudited)	Jun. 30, 2026 USD ($)
Cash Flows from Operating Activities:
Net income	$ 3,410,842
Adjustments to reconcile net income to net cash used in operating activities:
Interest earned on marketable securities held in Trust Account	(4,247,870)
Changes in operating assets and liabilities:
Prepaid expenses	(112,220)
Accrued expenses	13,357
Long-term prepaid insurance	(37,500)
Net cash used in operating activities	(973,391)
Cash Flows from Investing Activities:
Investment of cash in Trust Account	(253,000,000)
Net cash used in investing activities	(253,000,000)
Cash Flows from Financing Activities:
Proceeds from issuance of Class B ordinary shares to Clear Street	1,000
Proceeds from sale of Units, net of underwriting discounts paid	248,600,000
Proceeds from sale of Private Placement Units	8,250,000
Repayment of promissory note – related party	(194,453)
Payment of offering costs	(373,300)
Net cash provided by financing activities	256,283,247
Net Change in Cash	2,309,856
Cash – Beginning of period
Cash – End of period	2,309,856
Non-Cash investing and financing activities:
Offering costs included in accrued offering costs	81,360
Deferred offering costs paid directly by Sponsor in exchange for the issuance of Class B ordinary shares	10,000
Deferred underwriting fee payable	$ 10,780,000

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash	$ 2,309,856
Prepaid expenses	137,660	35,440
Total current assets	2,447,516	35,440
Deferred offering costs		259,459
Long-term prepaid insurance	37,500
Marketable securities held in Trust Account	257,247,870
Total Assets	259,732,886	294,899
Current liabilities
Accrued offering costs	75,000	162,360
Accrued expenses	43,862	30,505
Total current liabilities	118,862	387,318
Deferred underwriting fee	10,780,000
Total Liabilities	10,898,862	387,318
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption; 25,300,000 and no shares at $10.17 and $0 per share redemption value as of June 30, 2026 and December 31, 2025, respectively	257,247,870
Shareholders’ Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital		24,129
Accumulated deficit	(8,414,799)	(117,419)
Total Shareholders’ Deficit	(8,413,846)	(92,419)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit	259,732,886	294,899
Class A Ordinary Shares
Shareholders’ Deficit
Ordinary shares, value	82
Class B Ordinary Shares
Shareholders’ Deficit
Ordinary shares, value	871	871
Related Party
Current liabilities
Promissory note – related party		$ 194,453