v3.26.1
CONDENSED STATEMENT OF CASH FLOWS (Unaudited)
 3 Months Ended
Mar. 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 648,348
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (860,706)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (171,652)
Accrued expenses 112,028
Net cash used in operating activities (271,982)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (172,500,000)
Net cash used in investing activities (172,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 169,050,000
Proceeds from sale of Private Placement Units 2,794,650
Underwriters’ reimbursement 2,156,250
Repayment of promissory note - related party (410,006)
Payment of offering costs (516,993)
Net cash provided by financing activities 173,073,901
Net Change in Cash Equivalents 301,919
Cash equivalents – Beginning of period 6,081
Cash equivalents – End of period 308,000
Non-Cash investing and financing activities:  
Deferred offering costs included in accrued offering costs 208,270
Deferred underwriting fee payable $ 12,075,000