v3.25.1
CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:    
Net income $ 25,986,159 $ 16,915,460
Adjustments to reconcile net income to net cash used in operating activities:    
Investment income earned on investments held in Trust Account (27,761,686) (18,038,352)
Changes in operating assets and liabilities:    
Prepaid expenses 384,287 (508,750)
Accrued expenses 418,715 271,633
Due to related party 42,721 7,500
Net cash used in operating activities (929,804) (1,352,509)
Cash flows from investing activities:    
Cash deposited in Trust Account 0 (505,000,000)
Net cash used in investing activities 0 (505,000,000)
Cash flows from financing activities:    
Gross proceeds 0 500,000,000
Proceeds received from sale of private placement warrants 0 14,300,000
Proceeds received from overfunding loans 0 5,000,000
Repayment of promissory note 0 (366,781)
Payment of underwriter and advisory fee 0 (10,000,000)
Payment of offering costs 0 (675,587)
Net cash provided by financing activities 0 508,257,632
Net change in cash (929,804) 1,905,123
Cash – beginning of period 1,905,123 0
Cash – end of period 975,319 1,905,123
Supplemental Cash Flow Information [Abstract]    
Offering costs included in accrued expenses 0 (270,391)
Deferred offering costs paid by Sponsor through promissory note 0 133,538
Deferred underwriting and advisory fees $ 0 $ 17,500,000