v3.25.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 755,968 $ 949,366
Prepaid expenses 171,932 113,530
Total Current Assets 927,900 1,062,896
Long-term prepaid insurance 60,806 84,507
Investments held in Trust Account 235,292,200 232,858,478
Total Assets 236,280,906 234,005,881
Current liabilities    
Accounts payable and accrued expenses 80,250 57,626
Accrued offering costs 89,890 94,890
Due to Sponsor 37,000 7,000
Total Current Liabilities 405,164 357,540
Commitments (Note 6)  
Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.23 and $10.12 per share as of March 31, 2025 and December 31, 2024, respectively. 235,292,200 232,858,478
Shareholders’ Equity    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of March 31, 2025 and December 31, 2024
Additional paid-in capital 408,122
Retained earnings 582,883 381,082
Total Shareholders’ Equity 583,542 789,863
Total Liabilities and Shareholders’ Equity 236,280,906 234,005,881
Class A Ordinary Shares    
Current liabilities    
Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.23 and $10.12 per share as of March 31, 2025 and December 31, 2024, respectively. 235,292,200 232,858,478
Shareholders’ Equity    
Ordinary shares 84 84
Class B Ordinary Shares    
Shareholders’ Equity    
Ordinary shares 575 575
Related Party    
Current liabilities    
Promissory note - related party $ 198,024 $ 198,024