v3.25.2
Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:        
Net income $ 8,697 $ 349,241 $ 1,710,959 $ 2,904,174
Adjustments to reconcile net income to net cash used in operating activities:        
Trust investment income (187,179) (678,480) (2,674,089) (3,580,311)
Unrealized loss on investments held in trust account 92,316 92,316
Changes in operating assets and liabilities:        
Prepaid expense 36,248 37,522 122,423 80,578
Accounts payable and accrued offering costs and expenses 142,235 170,097 590,780 (34,916)
Other payable     125,000
Promissory note – related party 14,535 19,620
Promissory note – third party     43,646
Net cash provided by (used in) operating activities 1 (14,769) 30,655 (630,475)
Cash flows from investing activities:        
Cash deposited to trust account (220,000) (495,000) (165,000)
Cash deposited to trust escrow account (55,000) (55,000)
Cash withdrawn from trust account in connection with redemption     35,956,676 23,282,936
Net cash provided by investing activities (220,000) (55,000) 35,406,676 23,117,936
Cash flows from financing activities:        
Proceeds from promissory note – related party 55,000 55,000 165,000
Proceeds from promissory note – third party 220,000 440,000
Redemption of ordinary shares     (35,956,676) (23,282,936)
Net cash used in financing activities 220,000 55,000 (35,461,676) (23,117,936)
Net change in cash 1 (14,769) (24,345) (630,475)
Cash at beginning of period 4,215 28,560 28,560 659,035
Cash at end of period 4,216 13,791 4,215 28,560
Supplemental disclosure of noncash investing and financing activities        
Accretion for ordinary shares subject to redemption amount 352,179 586,164 3,131,773 3,580,311
Accrued expenses converted to promissory note– related party 51,250 51,367 267,426
Accrued expenses converted to promissory note – third party 52,503 48,164
Other payable converted to promissory note – third party 55,000    
Prepaid expenses paid by promissory note – third party $ 98,984 $ 91,639