v3.25.2
CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,298,717
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operation costs through promissory note 20,450
Interest earned on marketable securities held in Trust Account (1,767,744)
Changes in operating assets and liabilities:  
Prepaid insurance (112,307)
Prepaid expenses 6,260
Long Term prepaid insurance (93,589)
Accrued expenses 346,792
Net cash used in operating activities (301,421)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (276,000,000)
Net cash used in investing activities (276,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 271,200,000
Proceeds from sale of Private Placements Warrants 6,800,000
Repayment of advances from related party (37,433)
Repayment of promissory note - related party (250,000)
Payment of offering costs (583,905)
Net cash provided by financing activities 277,128,662
Net Change in Cash 827,241
Cash - Beginning of period
Cash - End of period 827,241
Non-Cash investing and financing activities:  
Prepaid services contributed by Sponsor through promissory note - related party 11,326
Accretion of Class A ordinary shares to redemption value 23,487,234
Deferred underwriting fee payable $ 13,140,000