v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 2,384,004 $ 974,692
Adjustments to reconcile net income to net cash used in operating activities:    
Earnings on marketable securities held in Trust Account (2,972,423) (1,164,886)
Operating expenses paid via promissory note - related party 112,848
Operating costs paid by Sponsor from proceeds withdrawn from Trust Account 207,836
Changes in operating assets and liabilities:    
Prepaid insurance 32,813 (120,171)
Prepaid expenses and other current assets 20,000
Accrued expenses (69,964) 73,117
Due to related party 75,000
Net cash (used in) provided by operating activities (605,570) 158,436
Cash Flows from Investing Activities:    
Cash deposited into 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 168,042,965
Proceeds from Private Placement Warrants, less issuance costs 3,829,991
Proceeds from Public Warrants, less issuance costs 468,608
Net cash provided by financing activities 172,341,564
Net Change in Cash and Cash Equivalents (605,570)
Cash and cash equivalents - Beginning of period 1,060,921
Cash and cash equivalents - End of period 455,351
Supplemental Disclosure of Non-Cash Investing and Financing Activities:    
Deferred underwriting fee payable charged to Class A ordinary share issuance costs 6,900,000
Proceeds from Initial Public Offering and sale of Private Placement Warrants held by Sponsor 1,602,224
Repayment of promissory note - related party via funds held by Sponsor $ 112,848