v3.25.2
Condensed Statement of Cash Flows (Unaudited)
 4 Months Ended
Jun. 30, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 828,395
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative costs through promissory note – related party 36,220
Payment of formation costs through issuance of Founder Shares 7,422
Interest earned on marketable securities held in Trust Account (1,296,308)
Compensation expense 124,740
Changes in operating assets and liabilities:  
Prepaid expenses (86,136)
Long-term prepaid insurance (79,136)
Accounts payable and accrued expenses 142,379
Net cash used in operating activities (322,424)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (241,500,000)
Net cash used in investing activities (241,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 236,670,000
Proceeds from sale of Private Placement Units 6,380,000
Underwriters’ reimbursement 483,000
Due to Sponsor 7,928
Repayment of advances from related party (388,909)
Repayment of promissory note - related party (300,000)
Proceeds from convertible promissory note 483,000
Payment of offering costs (457,475)
Net cash provided by financing activities 242,877,544
Net Change in Cash 1,055,120
Cash – Beginning of period
Cash – End of period 1,055,120
Non-cash investing and financing activities:  
Deferred offering costs included in accrued offering costs 100,353
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 17,578
Deferred offering costs paid through promissory note – related party 231,805
Deferred offering costs paid through advances from related party 388,909
Prepaid services paid by Sponsor through the promissory note – related party 31,975
Accretion of Class A ordinary shares to redemption value 17,058,670
Deferred underwriting fee payable $ 8,452,500