v3.26.1
Unaudited Condensed Statements of Cash Flows - USD ($)
4 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2026
Cash Flows from Operating Activities:    
Net income (loss) $ (279,156) $ 2,475,591
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Payment of formation and general and administrative costs through IPO Promissory Note – related party 54,292
Share-based compensation expense 164,499
Interest earned on investments held in Trust Account (2,751,930)
Changes in operating assets and liabilities:    
Prepaid expenses (4,580)
Accounts payable and accrued liabilities 60,365 33,359
Due to related party 6,605
Net cash used in operating activities (240,955)
Cash flows from investing activities    
Investment of cash into Trust Account (150,650,000)
Net cash used in investing activities (150,650,000)
Cash flows from financing activities    
Proceeds from sale of Units, net of underwriting discounts paid 148,030,000
Proceeds from sale of Private Placement Units 4,434,700
Due from Sponsor (1,754,055)
Payment of offering costs (60,645)
Net cash provided by financing activities 150,650,000
Net Change in Cash (240,955)
Cash – Beginning of period 905,141
Cash – End of period 664,186
Noncash investing and financing activities:    
Offering costs included in accrued offering costs 340,802
Offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares 25,000
Offering costs paid through IPO Promissory Note – related party $ 109,918