v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 3 Months Ended
Mar. 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (1,439,518)
Adjustments to reconcile net loss to net cash used in operating activities:  
Payment of general and administrative and operating costs through promissory note – related party 25,889
Interest earned on marketable securities held in Trust Account (24,708)
Compensation expense 1,338,475
Changes in operating assets and liabilities:  
Prepaid expenses (17,673)
Accrued expenses 32,917
Net cash used in operating activities (84,618)
Cash Flows from Investing Activities:  
Purchase of money market funds held in Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 248,600,000
Proceeds from sale of Private Placements Warrants 7,400,000
Advances from related party 10,164
Repayment of promissory note - related party (112,418)
Payment of offering costs (645,272)
Net cash provided by financing activities 255,252,474
Net Change in Cash 2,167,856
Cash – Beginning of period
Cash – End of period 2,167,856
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 10,208
Offering costs paid through promissory note – related party 6,325
Prepaid expenses paid through promissory note – related party 4,644
Deferred underwriting fee payable 12,045,000
Remeasurement of Class A ordinary shares subject to possible redemption $ 20,588,037