v3.25.1
CONDENSED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 975,319 $ 1,905,123
Prepaid expenses 125,663 509,950
Total current assets 1,100,982 2,415,073
Investments held in Trust Account 550,800,038 523,038,352
Total assets 551,901,020 525,453,425
Current liabilities:    
Accrued expenses 690,348 271,633
Due to related party 50,221 7,500
Liabilities, Current 740,569 279,133
Overfunding loans 5,000,000 5,000,000
Deferred underwriting and advisory fees 17,500,000 17,500,000
Total liabilities 23,240,569 22,779,133
Commitments and contingencies
Class A ordinary shares subject to possible redemption as of December 31, 2023 550,700,038 522,938,352
Shareholders' deficit    
Preference shares, $0.0001 par value; 99,990,000 shares authorized; none issued or outstanding 0 0
Accumulated deficit (22,040,837) (20,265,310)
Total shareholders' deficit (22,039,587) (20,264,060)
Total liabilities and shareholders' deficit 551,901,020 525,453,425
Common Class A    
Shareholders' deficit    
Ordinary shares 0 0
Common Class B    
Shareholders' deficit    
Ordinary shares $ 1,250 $ 1,250