v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 412,909 $ 544,791
Prepaid expenses 68,065 92,600
Total current assets 480,974 637,391
Cash held in Trust Account 185,334,240 183,785,456
TOTAL ASSETS 185,815,214 184,422,847
Current liabilities    
Accrued expenses 138,741 23,507
Total current liabilities 138,741 23,507
Deferred legal fees 2,380,965 2,137,965
Deferred underwriting fee payable 7,000,000 7,000,000
TOTAL LIABILITIES 9,519,706 9,161,472
COMMITMENTS AND CONTINGENCIES (Note 6)
Class A ordinary shares subject to possible redemption, 17,500,000 shares at redemption value of approximately $10.59 and $10.50 per share at March 31, 2026 and December 31, 2025, respectively 185,334,240 183,785,456
SHAREHOLDERS’ DEFICIT    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at March 31, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (9,039,414) (8,524,763)
TOTAL SHAREHOLDERS’ DEFICIT (9,038,732) (8,524,081)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 185,815,214 184,422,847
Class A Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares value 99 99
Class B Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares value $ 583 $ 583