v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash on hand $ 126 $ 16,868
Prepaid expenses 14,018
Total current assets 14,144 16,868
Cash and Investments held in trust 548,318 9,021,005
Total assets 562,462 9,037,873
Liabilities and Shareholders’ Deficit    
Accounts Payable and accrued offering costs and expenses 5,092,376 4,640,414
Accrued interest expense - others 78,224 58,586
Promissory Note - Others 1,398,107 1,350,292
Total current liabilities 8,268,951 7,547,084
Deferred underwriter compensation 2,887,500 2,887,500
Total liabilities 11,156,451 10,434,584
Commitments and contingencies
Class A ordinary shares subject to possible redemption 43,739 and 751,837 shares at redemption value of $12.54 and $12.00 per share as of June 30, 2025 and December 31, 2024, respectively 548,318 9,021,005
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Accumulated deficit (11,142,564) (10,417,973)
Total shareholders’ deficit (11,142,307) (10,417,716)
Total Liabilities and Shareholders’ Deficit 562,462 9,037,873
Class A Ordinary Shares    
Shareholders’ Deficit:    
Ordinary shares, value 51 51
Class B Ordinary Shares    
Shareholders’ Deficit:    
Ordinary shares, value 206 206
Related Party    
Liabilities and Shareholders’ Deficit    
Accrued interest expense - related party 110,237 74,555
Promissory Note - related party $ 1,590,007 $ 1,423,237