v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
May 31, 2026
May 31, 2025
Cash Flows from Operating Activities:    
Net income (loss) $ 2,659,996 $ (95,857)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on cash and investments held in Trust Account (3,711,448)
Changes in operating assets and liabilities:    
Notes receivable (255,000)
Prepaid expenses (146,539)
Long-term prepaid insurance (45,613)
Accounts payable and accrued expenses 22,278 23,757
Due to Sponsor 362
Deferred legal fee 331,571
Net cash used in operating activities (1,144,393) (72,100)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (230,000,000)
Cash withdrawn from Trust Account for working capital purposes 175,000
Net cash used in investing activities (229,825,000)
Cash Flows from Financing Activities:    
Collection of share subscription receivable 25,000
Proceeds from sale of Units, net of underwriting discounts paid 226,000,000
Proceeds from sale of Private Placement Units 5,700,000
Proceeds from promissory note – related party 187,101
Repayment of promissory note - related party (300,000)
Repayment of advances from related party (17,414)
Payment of offering costs (366,792) (98,534)
Net cash provided by financing activities 231,015,794 113,567
Net Change in Cash 46,401 41,467
Cash – Beginning of period 432
Cash – End of period 46,833 41,467
Non-Cash investing and financing activities:    
Offering costs included in accrued offering costs 75,000 15,000
Offering cost paid through advances from Sponsor 5,500
Offering cost paid by Sponsor 1,400
Prepaid expenses applied to offering costs 25,000
Accretion of Class A ordinary shares to redemption value 22,284,564
Deferred underwriting fee payable 10,950,000
Offering costs charged to additional paid-in capital 24,724
Offering costs charged to ordinary shares subject to possible redemption $ 615,376