v3.26.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 774,387 $ 1,071,605
Prepaid expenses – current 133,775 70,025
Total current assets 908,162 1,141,630
Non-current assets    
Cash and marketable securities held in trust account 252,761,757 250,535,814
Prepaid expenses – non-current 48,189 65,695
Total non-current assets 252,809,946 250,601,509
Total Assets 253,718,108 251,743,139
Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders’ Deficit:    
Accrued offering costs 18,965
Accrued expenses 54,959 22,151
Accounts payable 73,004 60,140
Over-allotment option liability 77,000
Total current liabilities 141,390 196,683
Non-current liabilities    
Deferred underwriting commissions 8,750,000 8,750,000
Total non-current liabilities 8,750,000 8,750,000
Total Liabilities 8,891,390 8,946,683
Commitments and Contingencies (Note 7)
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Additional paid-in capital
Accumulated deficit (7,935,942) (7,740,290)
Total Shareholders’ Deficit (7,935,039) (7,739,358)
Total Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders’ Deficit 253,718,108 251,743,139
Related Party    
Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders’ Deficit:    
Due to related party 13,427 18,427
Class A Ordinary Shares    
Non-current liabilities    
Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 25,000,000 shares issued and outstanding at redemption value of $10.11 and $10.02 per share at March 31, 2026 and December 31, 2025, respectively 252,761,757 250,535,814
Shareholders’ Deficit    
Ordinary shares, value 69 69
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value [1] $ 834 $ 863
[1] Includes an aggregate of up to 1,125,000 Class B ordinary shares, $0.0001 par value subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (Note 6). The underwriters partially exercised their over-allotment option on December 10, 2025, resulting in 833,333 Class B ordinary shares no longer subject to forfeiture (Note 6). Subsequent to December 31, 2025, the sponsor forfeited the remaining 291,667 Class B ordinary shares.