v3.26.1
STATEMENT OF CASH FLOWS
5 Months Ended
Dec. 31, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 302,316
Adjustments to reconcile net income to net cash used in operating activities:  
Formation, general and administrative expenses paid by Sponsor in exchange for issuance of Class B ordinary shares 12,271
Income earned on cash and marketable securities held in Trust Account (640,427)
Changes in operating assets and liabilities:  
Prepaid expenses (236,628)
Due to related party 22,581
Accrued expenses 156,220
Accounts payable 31,153
Net cash used in operating activities (352,514)
Cash Flows from Investing Activities:  
Purchase of treasury securities in Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units 230,000,000
Proceeds from sale of Private Placement Units 6,600,000
Payment of underwriting fee (4,600,000)
Payment of Promissory Note – related party (300,000)
Proceeds from Promissory Note – related party 300,000
Payment of offering costs (483,872)
Net cash provided by financing activities 231,516,128
Net Change in Cash 1,163,614
Cash – Beginning of period 0
Cash – End of period 1,163,614
Supplemental Non-Cash Investing and Financing Activities:  
Deferred offering costs included in accrued offering costs 2,093
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 12,729
Deferred underwriter fee payable 9,200,000
Remeasurement of Class A ordinary shares subject to possible redemption $ 18,609,714