v3.26.1
Condensed Statement of Cash Flows
 3 Months Ended
Mar. 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net Income (Loss) $ 423,410
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash and marketable securities held in Trust Account (796,894)
Share-based compensation 82,535
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (202,682)
Accrued expenses 198,422
Net cash used in operating activities (295,209)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (248,500,000)
Net cash used in investing activities (248,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 243,530,000
Proceeds from sale of Private Placement Units 6,720,000
Proceeds from promissory note – related party 105,000
Repayment of promissory note – related party (141,000)
Payment of offering costs (519,786)
Net cash provided by financing activities 249,694,214
Net Change in Cash 899,005
Cash – Beginning of period 4,347
Cash – End of period 903,352
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 105,460
Deferred offering costs applied through prepayment 20,600
Accretion of Class A ordinary shares to redemption value 19,891,310
Deferred underwriting fee payable 9,940,000
Forfeiture of Founder Shares 34
Offering costs charged to additional paid-in capital $ 636,740