v3.26.1
Condensed Statement of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,886,022
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (2,187,424)
Payment of operating costs through promissory note 50
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (82,667)
Prepaid insurance (105,000)
Long-term prepaid insurance (81,008)
Accounts payable and accrued expenses 101,998
Net cash used in operating activities (468,029)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (287,500,000)
Net cash used in investing activities (287,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of units, net of underwriting discounts paid 281,750,000
Proceeds from sale of private placement units 7,600,000
Proceeds from promissory note – related party 5,926
Repayment of promissory note – related party (197,368)
Payment of offering costs (343,873)
Net cash provided by financing activities 288,814,685
Net Change in Cash 846,656
Cash – Beginning of period
Cash – End of period 846,656
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 316,694
Deferred underwriting fee payable $ 10,062,500