v3.25.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current Assets    
Cash $ 80,019 $ 699,511
Prepaid expenses 247,303 256,058
Total current assets 327,322 955,569
Long-term prepaid insurance 68,826 101,951
Marketable securities held in Trust Account 235,813,008 233,369,247
TOTAL ASSETS 236,209,156 234,426,767
Current Liabilities    
Accrued offering costs 82,462 82,462
Accrued expenses 1,625,423 81,878
Total current liabilities 1,707,885 164,340
Deferred underwriting fee 9,800,000 9,800,000
Total liabilities 11,507,885 9,964,340
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.25 per share at March 31, 2025 and $10.15 per share at December 31, 2024 235,813,008 233,369,247
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued or outstanding at March 31, 2025 and December 31, 2024
Additional paid-in capital
Accumulated deficit (11,112,600) (8,907,683)
Total shareholders’ deficit (11,111,737) (8,906,820)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 236,209,156 234,426,767
Class A Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value 72 72
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value $ 791 $ 791