| Schedule of Net Income and Total Assets |
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:
|
|
|
March 31,
2025
|
|
December 31,
2024
|
|
Marketable Securities held in trust account
|
|
$
|
237,656,449 |
|
$
|
235,193,585 |
|
Cash
|
|
$
|
517,160 |
|
$
|
668,089 |
|
|
|
For the
Three Months
Ended
March 31,
2025
|
|
Net income
|
|
$
|
689,999 |
|
General and administrative expenses
|
|
$
|
1,103,133 |
|
Interest earned on marketable securities held in Trust Account
|
|
$
|
2,462,864 |
|
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:
|
|
|
December 31,
2024
|
|
Trust Account
|
|
$
|
235,193,585 |
|
Cash
|
|
$
|
668,089 |
|
|
|
December 31,
2024
|
|
Net income (loss)
|
|
$
|
3,408,788 |
|
General and administrative expenses
|
|
$
|
634,797 |
|
Interest earned on marketable securities held in Trust Account
|
|
$
|
4,043,585 |
|