v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 517,160 $ 668,089
Other receivable 41,250
Due from Sponsor 4,466 4,466
Short-term prepaid insurance 90,250 90,250
Prepaid expenses 71,079 16,112
Total current assets 682,955 820,167
Long-term prepaid insurance 30,083 52,646
Marketable securities held in Trust Account 237,656,449 235,193,585
Total Assets 238,369,487 236,066,398
Current Liabilities    
Accrued expenses 1,401,982 458,624
Total current liabilities 1,401,982 458,624
Forward purchase agreement liability 669,732
Deferred underwriting fee 10,720,000 10,720,000
Total Liabilities 12,791,714 11,178,624
Commitments and Contingencies (Note 7)
Class A ordinary shares subject to possible redemption 237,656,449 235,193,585
Shareholders’ Deficit    
Preference shares, value
Additional paid-in capital
Accumulated deficit (12,079,251) (10,306,386)
Total Shareholders’ Deficit (12,078,676) (10,305,811)
Total Liabilities and Shareholders’ Deficit 238,369,487 236,066,398
Class A Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value $ 575 $ 575