v3.26.1
Statement of Cash Flows
12 Months Ended
Dec. 31, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 5,054,949
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of expense through promissory note – related party 36,220
Earnings on investments held in Trust Account (5,633,565)
Compensation expense 132,300
Changes in operating assets and liabilities:  
Prepaid expenses (140,630)
Due to affiliates 29,694
Accrued expenses 74,547
Net cash used in Operating Activities (446,485)
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 issuance of Class B ordinary shares 25,000
Proceeds from sale of Public Units, net of underwriting discounts paid 225,400,000
Proceeds from sale of Private Placement Units 6,600,000
Due from Sponsor (1,423,800)
Repayment of advances from related party 1,245,307
Payment of offering costs (303,080)
Net cash provided by Financing Activities 231,543,427
Net Change in Cash 1,096,942
Cash – Beginning of period
Cash – End of period 1,096,942
Supplemental disclosure of cash flow information:  
Deferred offering costs included in accrued offering costs 303,080
Deferred offering costs paid through promissory note – related party 142,574
Reclass balance due from Sponsor to promissory note 178,493
Deferred underwriting fee payable $ 9,200,000