v3.25.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 1,088,465 $ 1,447,921
Prepaid expenses 131,833 95,833
Total current assets 1,220,298 1,543,754
Prepaid insurance 34,708 77,208
Cash held in Trust Account 180,202,115 176,597,270
TOTAL ASSETS 181,457,121 178,218,232
Current liabilities    
Accrued expenses 83,863 97,837
Over-allotment option liability 26,558
Total current liabilities 83,863 124,395
Deferred legal fees 1,050,000 850,000
Deferred underwriting fee payable 7,000,000 7,000,000
TOTAL LIABILITIES 8,133,863 7,974,395
COMMITMENTS AND CONTINGENCIES (Note 6)
Class A ordinary shares subject to possible redemption, 17,500,000 shares at redemption value of approximately $10.30 and $10.09 per share at June 30, 2025 and December 31, 2024, respectively 180,202,115 176,597,270
SHAREHOLDERS’ DEFICIT    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at June 30, 2025 and December 31, 2024
Additional paid-in capital
Accumulated deficit (6,879,539) (6,354,203)
TOTAL SHAREHOLDERS’ DEFICIT (6,878,857) (6,353,433)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 181,457,121 178,218,232
Class A Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares value 99 99
Class B Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares value $ 583 $ 671