v3.26.1
Balance Sheet
Dec. 31, 2025
USD ($)
Current Asset  
Cash $ 442,500
Prepaid expenses 301,930
Total current assets 744,430
Marketable securities held in Trust Account 204,013,247
Prepaid insurance - long term 45,228
Total Assets 204,802,905
Current liabilities:  
Accounts payable 38,948
Accrued expenses 25,000
Total current liabilities 63,948
Deferred underwriting fees payable 9,399,690
Total liabilities 9,463,638
Commitments and Contingencies (Note 5)
Shareholders’ deficit  
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Additional paid-in capital
Share subscription receivable (353,445)
Accumulated deficit (8,321,258)
Total shareholders’ deficit (8,673,980)
Total Liabilities, Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit 204,802,905
Class A Ordinary Shares  
Current liabilities:  
Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 20,041,150 ordinary shares at $10.08 per share 204,013,247
Shareholders’ deficit  
Ordinary shares, value
Class B Ordinary Shares  
Shareholders’ deficit  
Ordinary shares, value $ 723 [1]
[1] This number includes an aggregate of up to 946,428 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. On July 24, 2025, the underwriters partially exercised their over-allotment option and forfeited their right to purchase the remaining 83,850 units under the over-allotment option. As a result, the Sponsor forfeited 30,231 Class B ordinary shares. All share and per share data have been retroactively applied.