v3.25.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash $ 25,000 $ 25,000
Prepaid expenses 270,750 228,250
Total Current Assets 295,750 253,250
Available-for-sale debt securities held in Trust Account, at fair value (amortized cost $104,153,703 and $101,881,727 as of June 30, 2025 and December 31, 2024, respectively) 104,166,637 101,976,363
Other assets 25,876 139,904
Total Assets 104,488,263 102,369,517
Current Liabilities:    
Accrued expenses 801,757 109,344
Total Liabilities 1,447,300 443,099
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 10,000,000 shares issued and outstanding at redemption value of $10.57 and $10.35 per share as of June 30, 2025 and December 31, 2024, respectively 105,666,742 103,476,372
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of both June 30, 2025 and December 31, 2024
Additional paid-in capital
Accumulated deficit (2,638,993) (1,644,870)
Accumulated other comprehensive income 12,934 94,636
Total Shareholders’ Deficit (2,625,779) (1,549,954)
Total Liabilities, Commitments and Contingencies and Shareholders’ Deficit 104,488,263 102,369,517
Class A Ordinary Shares    
Shareholders’ Deficit:    
Ordinary shares, Value 30 30
Class B Ordinary Shares    
Shareholders’ Deficit:    
Ordinary shares, Value 250 250
Related Party    
Current Liabilities:    
Notes payable – related party 645,543 332,992
Payable to related party $ 763