v3.26.1
Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 3,410,842
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (4,247,870)
Changes in operating assets and liabilities:  
Prepaid expenses (112,220)
Accrued expenses 13,357
Long-term prepaid insurance (37,500)
Net cash used in operating activities (973,391)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B ordinary shares to Clear Street 1,000
Proceeds from sale of Units, net of underwriting discounts paid 248,600,000
Proceeds from sale of Private Placement Units 8,250,000
Repayment of promissory note – related party (194,453)
Payment of offering costs (373,300)
Net cash provided by financing activities 256,283,247
Net Change in Cash 2,309,856
Cash – Beginning of period
Cash – End of period 2,309,856
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 81,360
Deferred offering costs paid directly by Sponsor in exchange for the issuance of Class B ordinary shares 10,000
Deferred underwriting fee payable $ 10,780,000