v3.26.1
Statement of Cash Flows
9 Months Ended
Dec. 31, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,192,991
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operating costs through promissory note 47,545
Interest earned on marketable securities held in Trust Account (4,298,929)
Changes in operating assets and liabilities:  
Prepaid expenses 11,716
Prepaid insurance (102,917)
Advisory fee payable - non-current 1,204,500
Accrued expenses 589,831
Net cash used in operating activities (355,263)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 248,600,000
Proceeds from sale of Private Placements Warrants 6,400,000
Repayment of promissory note - related party (248,243)
Payment of offering costs (381,212)
Net cash provided by financing activities 254,370,545
Net change in cash and cash equivalents 1,015,282
Cash and cash equivalents – Beginning of period
Cash and cash equivalents – End of year 1,015,282
Noncash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid through promissory note – related party 180,698
Prepaid services contributed by Sponsor through promissory note - related party 20,000
Deferred offering costs applied against a prepaid expense paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000
Deferred underwriting fee payable $ 12,045,000