v3.26.1
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
2 Months Ended 3 Months Ended 11 Months Ended
Mar. 31, 2025
Mar. 31, 2026
Dec. 31, 2025
Cash Flows from Operating Activities:      
Net income (loss) $ (61,786) $ 1,114,164 $ 2,531,400
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Formation, general and administrative expenses paid by Sponsor under IPO Promissory Note – related party 1,089 0 1,089
Income earned on cash and marketable securities held in Trust Account 0 (1,808,197) (4,392,100)
Changes in operating assets and liabilities:      
Prepaid expenses 0 (38,691) (90,729)
Due from related party 0 8,475 (5,089)
Accounts payable 19,527 14,464 107,053
Accrued expenses 11,200 512,506 962,012
Administrative services fee payable – related party 0 (5,000) 5,000
Net cash used in operating activities (29,970) (202,279) (881,364)
Cash Flows from Investing Activities:      
Purchase of treasury securities in Trust Account     (201,250,000)
Net cash used in investing activities     (201,250,000)
Cash Flows from Financing Activities:      
Contributions for purchase of Private Placement Units 100,000 0  
Proceeds from issuance of Class A Ordinary Shares     201,250,000
Proceeds from sale of Private Placement Units     5,922,500
Payment of underwriting fees and reimbursements     (4,100,000)
Payment of IPO Promissory Note – related party     (203,557)
Excess cash contribution recorded under IPO Promissory Note – related party     167,147
Payment of offering costs     (343,913)
Net cash provided by financing activities 100,000 0 202,692,177
Net Change in Cash 70,030 (202,279) 560,813
Cash – Beginning of period 0 560,813 0
Cash – End of period 70,030 358,534 560,813
Supplemental Non-Cash Investing and Financing Activities:      
Deferred offering costs included in accrued offering costs 57,900 0  
Remeasurement of shares subject to possible redemption 0 1,808,197  
Related Party      
Supplemental Non-Cash Investing and Financing Activities:      
Deferred offering costs paid by Sponsor under IPO Promissory Note - related party 25,000 0 25,000
Prepaid expenses paid by Sponsor under IPO Promissory Note – related party     25,000
Class B Ordinary Shares      
Supplemental Non-Cash Investing and Financing Activities:      
Prepaid expenses paid by Sponsor in exchange for issuance of Class B Ordinary Shares $ 25,000 $ 0  
Class A Ordinary Shares      
Supplemental Non-Cash Investing and Financing Activities:      
Initial fair value of Class A Ordinary Shares subject to possible redemption     183,626,033
Remeasurement of shares subject to possible redemption     $ 22,016,067