v3.26.1
Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash $ 65,427 $ 697,085
Prepaid Expenses 205,000 127,200
Total Current Assets 270,427 824,285
Long-term prepaid expense 180,000
Cash and Marketable Securities Held in Trust Account 245,118,303 235,322,812
Total Assets 245,388,730 236,327,097
Current liabilities    
Accounts payable and accrued expenses 304,592 32,609
Total Current Liabilities 304,592 32,609
Long term liabilities    
Deferred underwriting payable 10,950,000 10,950,000
Total Long Term Liabilities 10,950,000 10,950,000
Total Liabilities 11,254,592 10,982,609
COMMITMENTS
Shareholders’ Deficit    
Preference shares, $.0001 par value, 5,000,000 shares authorized; none issued or outstanding as of December 31, 2025 and December 31, 2024
Accumulated Deficit (10,884,932) (9,879,091)
Total Shareholders’ Deficit (10,884,165) (9,878,324)
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS’ DEFICIT 245,388,730 236,327,097
Class A Ordinary Shares    
Long term liabilities    
Class A ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.65 and $10.23 per share as of December 31, 2025 and December 31, 2024, respectively 245,018,303 235,222,812
Shareholders’ Deficit    
Ordinary shares, value
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value $ 767 $ 767