v3.26.1
CONDENSED STATEMENT OF CASH FLOWS (UNAUDITED)
 6 Months Ended
May 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,837,551
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of formation, general and administrative costs through advances from related party 12,445
Payment of formation, general and administrative costs through promissory note - related party 31,754
Interest earned on marketable securities held in Trust Account (2,037,464)
Changes in operating assets and liabilities:  
Referral Fee (23,000)
Prepaid expenses (61,040)
Prepaid insurance (109,375)
Accrued expenses 78,504
Net cash used in operating activities (270,625)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 225,400,000
Proceeds from sale of Private Placement Units 6,250,000
Proceeds from promissory note - related party 117,000
Repayment of promissory note - related party (173,808)
Payment of offering costs (497,735)
Net cash provided by financing activities 231,095,457
Net Change in Cash Equivalents 824,832
Cash equivalents – Beginning of period
Cash equivalents – End of period 824,832
Noncash investing and financing activities:  
Deferred offering costs included in accrued offering costs 67,700
Deferred offering costs paid through advances from related party 109
Deferred offering costs paid through promissory note - related party 12,500
Deferred underwriting fee payable 8,050,000
Conversion of advances from related party to promissory note - related party $ 12,554