v3.26.1
Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 1,405,174 $ 1,634,631
Prepaid expenses 9,044 16,281
Prepaid insurance – short term 67,508 67,508
Total current assets 1,481,726 1,718,420
Prepaid insurance – long term 45,549 62,426
Cash and investments held in Trust Account 232,582,006 230,526,196
Total Assets 234,109,281 232,307,042
Current liabilities    
Accrued offering costs 85,000 85,000
Accounts payable and accrued expenses 50,885 23,949
Total current liabilities 135,885 108,949
Deferred underwriting fee 9,200,000 9,200,000
Total Liabilities 9,335,885 9,308,949
Commitments and Contingencies (Note 5)
Class A ordinary shares subject to possible redemption, $0.0001 par value; 23,000,000 shares at redemption value of $10.11 and $10.02 per share at March 31, 2026 and December 31, 2025, respectively 232,582,006 230,526,196
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at March 31, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (7,809,447) (7,528,940)
Total Shareholders’ Deficit (7,808,610) (7,528,103)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit 234,109,281 232,307,042
Class A Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares value 70 70
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares value $ 767 $ 767