v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 323,217 $ 984,245
Note receivable 300,000 300,000
Prepaid expenses 76,448 18,021
Short-term prepaid insurance 3,438 24,063
Total current assets 703,103 1,326,329
Cash held in the Trust Account 198,568,274 196,958,306
Total Assets 199,271,377 198,284,635
Current liabilities    
Accounts payable and accrued expenses 78,084 226,953
Accrued offering costs 25,000 100,000
Total current liabilities 103,084 326,953
Deferred legal fees 3,085,000 2,450,000
Deferred underwriting fee payable 7,600,000 7,600,000
Total Liabilities 10,788,084 10,376,953
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, 19,000,000 shares at redemption value of $10.45 and $10.37 per share at March 31, 2026 and December 31, 2025, respectively 198,568,274 196,958,306
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding at March 31, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (10,085,683) (9,051,326)
Total Shareholders’ Deficit (10,084,981) (9,050,624)
Total Liabilities and Shareholders’ Deficit 199,271,377 198,284,635
Common Class A [Member]    
Shareholders’ Deficit    
Ordinary shares, value 69 69
Common Class B [Member]    
Shareholders’ Deficit    
Ordinary shares, value $ 633 $ 633