v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets    
Cash $ 124,083 $ 668,089
Other receivable 41,250
Due from Sponsor 4,466 4,466
Short-term prepaid insurance 90,250 90,250
Prepaid expenses 70,982 16,112
Total current assets 289,781 820,167
Long-term prepaid insurance 7,521 52,646
Marketable securities held in Trust Account 240,134,175 235,193,585
Total Assets 240,431,477 236,066,398
Current Liabilities    
Accrued expenses 2,475,553 458,624
Total current liabilities 2,475,553 458,624
Forward purchase agreement liability 1,057,124
Deferred underwriting fee 10,720,000 10,720,000
Total Liabilities 14,252,677 11,178,624
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption 240,134,175 235,193,585
Shareholders’ Deficit    
Preference shares
Additional paid-in capital
Accumulated deficit (13,955,950) (10,306,386)
Total Shareholders’ Deficit (13,955,375) (10,305,811)
Total Liabilities and Shareholders’ Deficit 240,431,477 236,066,398
Class A Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value $ 575 $ 575