v3.25.4
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2025
Cash flows from Operating Activities:    
Net income $ 1,519,663 $ 6,008,347
Adjustments to reconcile net income to net cash used in operating activities:    
Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares 9,153
Payment of expenses through promissory note - related party 111,442
Compensation expense 670,000
Interest earned on marketable securities held in Trust Account (1,756,198) (10,479,542)
Changes in operating assets and liabilities:    
Prepaid expenses (21,120) 16,938
Prepaid insurance (332,865) 129,063
Accrued expenses 3,451 2,326,481
Net cash used in operating activities (466,474) (1,328,713)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (250,000,000)
Net cash used in investing activities (250,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 249,000,000
Proceeds from sale of Private Placements Units 4,250,000
Repayment of promissory note - related party (399,760)
Payment of offering costs (276,457) (75,000)
Net cash (used in) provided by financing activities 252,573,783 (75,000)
Net change in cash 2,107,309 (1,403,713)
Cash – beginning of period 2,107,309
Cash – end of period 2,107,309 703,596
Non-Cash investing and financing activities:    
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 9,153
Deferred offering costs paid through promissory note – related party 288,318
Deferred underwriting fee payable $ 8,750,000