v3.26.1
Condensed Statements of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,861,802
Net earnings on marketable securities held in Trust Account (3,266,269)
Non-cash founder share compensation 90,300
Changes in operating assets and liabilities:  
Prepaid insurance (99,376)
Due to sponsor (7,875)
Accounts payable (11,411)
Accrued expenses (3,235)
Net cash used in operating activities (436,064)
Cash Flows from Investing Activities:  
Cash deposited into 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 and issuance costs paid during the period 221,618,465
Proceeds from sale of Public Warrants, net of issuance costs 3,978,355
Proceeds from sale of Private Placement Shares, net of issuance costs 4,838,480
Proceeds from sale of Private Placement Warrants, net of issuance costs 1,612,825
Repayment of promissory note (143,875)
Net cash provided by financing activities 231,904,250
Net Change in Cash 1,468,186
Cash - Beginning of period
Cash - End of period 1,468,186
Supplemental Disclosure of Non-Cash Investing and Financing Activities:  
Accretion of Class A ordinary shares subject to redemption at redemption value 19,871,484
Deferred underwriting fee payable $ 8,050,000