v3.25.2
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities    
Net income (loss) $ (321,576) $ (3,489,963)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Earnings and realized gain on marketable securities held in Trust Account (154,623) (411,744)
Change in fair value of warrant liabilities (727,199) 669,866
Transaction costs attributable to warrant liabilities 0 102,000
Changes in operating assets and liabilities:    
Accrued expenses 608,534 1,540,810
Due to related party 495,265 1,388,348
Prepaid expenses 77,969 190,767
Net cash used in operating activities (21,631) (9,916)
Cash Flows from Investing Activities    
Proceeds received from Trust Account 2,284,690 11,347,734
Net cash provided by investing activities 2,284,690 11,347,734
Cash Flows from Financing Activities    
Payments to Class A ordinary shareholders for redemption of shares (2,284,690) (11,347,734)
Net cash used in financing activities (2,284,690) (11,347,734)
Net change in cash (21,631) (9,916)
Cash at beginning of the period 21,631 31,547
Cash at end of the period 0 21,631
Non-cash financing activities:    
Remeasurement of Class A ordinary shares subject to possible redemption (154,623) 411,744
Accrual of deferred underwriting fee payable   3,000,000
Forfeiture of deferred underwriting fee payable 7,000,000  
Cancellation of private warrants (304,000) 0
Conversion of Class B ordinary shares to Class A nonredeemable ordinary shares 0 982
Forgiveness of due to related parties 2,381,264 0
Operating expense liability assumed by related party $ 3,076,576 $ 0