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) $ 1,598,802 $ (806,149)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Earnings and realized (gain) loss on marketable securities held in Trust Account (400,179) (1,008,533)
Debt Forgiveness (2,000,514) 0
Change in fair value of warrant liabilities 54,450 172,821
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses 51,653 486,914
Prepaid expenses 22,702 236,035
Due to related party 654,116 827,996
Net cash used in operating activities (18,970) (90,916)
Cash Flows from Investing Activities    
Investment of cash in Trust Account (130,000) (1,244,799)
Proceeds received from Trust Account 16,309,778 57,176,699
Net cash provided by investing activities 16,179,778 55,931,900
Cash Flows from Financing Activities    
Proceeds received from Sponsor for Trust Account contributions 130,000 1,244,799
Payments to Class A ordinary shareholders for redemption of shares (16,309,778) (57,176,699)
Payment of offering costs 0 (7,800)
Net cash used in financing activities (16,179,778) (55,939,700)
Net change in cash (18,970) (98,716)
Cash at beginning of the period 18,970 117,686
Cash at end of the period 0 18,970
Non-cash investing and financing activities:    
Remeasurement of Class A ordinary shares subject to possible redemption 400,179 1,008,533
Conversion of Class B ordinary shares to Class A ordinary shares 0 448
Waiver of deferred underwriting fee payable 6,475,000 0
Cancellation of privates warrants (202,950) 0
Forgiveness of due to related parties 1,693,799 0
Operating expense liability assumed by related party $ 1,050,795 $ 0