v3.25.2
Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

Note 9 – Subsequent Events

 

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before consolidated financial statements are issued, the Company has evaluated all events or transactions that occurred up to the date of the consolidated financial statements were available to issue. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the consolidated financial statements except the following:

 

Expenses Sponsor paid on behalf of the Company

 

Subsequent to June 30, 2025, the Sponsor paid a total of $101,125 operating expenses on behalf of the Company. The payment by the Sponsor was not considered as a drawdown of the Amended Promissory Notes. As of the date of filing, the total amount due to Sponsor was $1,491,086.

 

Subsequent drawdown of the Promissory note

 

In August, 2025, the Sponsor deposited $50,000 into its Trust account for its July 2025 and August 2025 extension fee, respectively, which was deemed a drawdown of the promissory note.