v3.25.2
Condensed Statements of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 998,635
Adjustments to reconcile net income to net cash used in operating activities:  
Earnings on marketable securities held in Trust Account (1,164,886)
Operating expenses paid via promissory note - related party 112,848
Operating costs paid by Sponsor from proceeds withdrawn from Trust Account 205,981
Changes in operating assets and liabilities:  
Prepaid insurance (120,171)
Accrued expenses 51,029
Due to related party 75,000
Net cash provided by operating activities 158,436
Cash Flows from Investing Activities:  
Cash deposited into Trust Account (172,500,000)
Net cash used in investing activities (172,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 168,188,119
Proceeds from Private Placement Warrants, less issuance costs 3,830,250
Proceeds from Public Warrants, less issuance costs 323,195
Net cash provided by financing activities 172,341,564
Net Change in Cash
Cash, Beginning of period
Cash, End of period
Supplemental Disclosure of Non-Cash Investing and Financing Activities:  
Deferred underwriting fee payable charged to Class A ordinary share issuance costs 6,900,000
Proceeds from Initial Public Offering and sale of Private Placement Warrants held by Sponsor 1,601,957
Repayment of promissory note - related party by Sponsor $ 112,848