v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income (loss) $ (52,663) $ 1,291,026
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares 12,463
Formation and operational costs paid through promissory note – related party 40,200
Interest earned on marketable securities held in Trust Account (4,940,590)
Initial loss on forward purchase agreement liability 893,425
Change in fair value of forward purchase agreement liability 163,699
Changes in operating assets and liabilities:    
Other receivable 41,250
Prepaid expenses (54,870)
Long-term prepaid insurance 45,125
Accrued expenses 2,016,929
Net cash used in operating activities (544,006)
Net Change in Cash (544,006)
Cash – Beginning of period 668,089
Cash – End of period 124,083
Non-Cash investing and financing activities:    
Deferred offering costs included in accrued offering costs 251,891
Deferred offering costs paid through promissory note - related party 107,927
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 12,537
Prepaid services contributed by Sponsor through promissory note – related party $ 5,000