v3.26.1
STATEMENT OF CASH FLOWS
9 Months Ended
Dec. 31, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 3,148,918
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operating expenses through issuance of Class B ordinary shares 25,000
Payment of general and administrative costs through promissory note – related party 2,550
Interest earned on marketable securities held in Trust Account (3,610,896)
Changes in operating assets and liabilities:  
Prepaid expenses (108,026)
Long-term prepaid insurance (58,548)
Accounts payable and accrued expenses 94,142
Net cash used in operating activities (506,860)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 225,400,000
Proceeds from sale of Private Placement Units 6,600,000
Due from Sponsor (25,000)
Proceeds from promissory note - related party 116,000
Repayment of promissory note - related party (118,550)
Payment of offering costs (565,234)
Net cash provided by financing activities 231,407,216
Net Change in Cash 900,356
Cash – Beginning of period 0
Cash – End of period 900,356
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred underwriting fee payable $ 9,200,000