v3.26.1
CONDENSED STATEMENT OF CASH FLOWS - USD ($)
1 Months Ended 12 Months Ended
Dec. 31, 2024
Dec. 31, 2025
Cash Flows from Operating Activities    
Net income (loss) $ (68,787) $ 4,133,810
Adjustments to reconcile net income to net cash used in operating activities:    
Dividends earned on investments held in trust account (4,608,942)
Changes in operating assets and liabilities:    
Prepaid expenses (121,375)
Accrued expenses 59,610 127,510
Due to related party 9,177
Net cash used in operating activities (468,997)
Cash Flows from Investing Activities    
Cash deposited in trust account (173,362,500)
Net cash used in investing activities (173,362,500)
Cash Flows from Financing Activities    
Proceeds received from initial public offering, gross 172,500,000
Proceeds received from issuance of private placement units 4,093,750
Offering costs paid (2,589,491)
Repayment of promissory note - related party (105,194)
Net cash provided by financing activities 173,899,065
Net increase in cash 67,568
Cash - beginning of the period
Cash - end of the period 67,568
Supplemental disclosure of noncash investing and financing activities:    
Deferred offering costs included in accrued expenses 347,429
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary share 25,000
Deferred offering costs paid by related party 63,596 82,336
Accrued expenses paid by related party 96,694
Reclassification of due to related party into promissory note - related party 251,803
Reclassification of promissory note - related party into working capital loan - related party 146,609
Issuance of representative shares 322,575
Deferred underwriting commissions $ 5,175,000