v3.25.2
Unaudited Condensed Statement of Cash Flows
5 Months Ended
Jun. 30, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,785,119
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative costs through IPO Promissory Note – related party 65,934
Earning from investments held in Trust Account (1,955,805)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (206,649)
Accounts payable and accrued expenses 185
Net cash used in operating activities (311,216)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (300,000,000)
Net cash used in investing activities (300,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 294,720,000
Proceeds from sale of Private Placements Warrants 7,280,000
Due from Sponsor (2,000,000)
Repayment of IPO Promissory Note – related party 1,705,745
Payment of offering costs (301,179)
Net cash provided by financing activities 301,404,566
Net Change in Cash 1,093,350
Cash – Beginning of period
Cash – End of period 1,093,350
Non-Cash investing and financing activities:  
Deferred offering costs included in accrued offering costs 376,179
Deferred offering costs paid through IPO Promissory Note - related party 228,321
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000
Accretion for Class A ordinary shares to redemption amount 23,102,860
Deferred underwriting fee payable 12,720,000
Deferred offering costs charged to additional paid-in capital 629,500
Forfeiture of Founder Shares $ 9