v3.25.2
STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
5 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 486,608 $ 2,096,980
Adjustments to reconcile net income to net cash used in operating activities:    
Payment of operating costs in exchange for issuance of Founder Shares 25,000
Payment of operating costs through advance from related party 31,620
Interest earned on cash held in Trust Account (656,689) (2,491,947)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (55,008) (17,779)
Other receivable (28,877)
Due to Sponsor 60,000
Accounts payable and accrued expenses 113,882 20,281
Net cash used in operating activities (83,464) (332,465)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (115,575,000)
Net cash used in investing activities (115,575,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 112,700,000
Proceeds from sale of Private Placement Units 4,375,000
Proceeds from sale of Representative shares 1,739
Advances from related party 45,317
Payment of offering costs (498,769)
Net cash provided by financing activities 116,623,287
Net Change in Cash 964,823 (332,465)
Cash – Beginning of period 958,786
Cash – End of period 964,823 626,321
Non-Cash investing and financing activities:    
Remeasurement of ordinary shares subject to redemption 8,699,998 2,491,947
Deferred underwriting fee payable 4,025,000
Offering cost included in advances from related party $ 61,613