v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 444,673
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative expenses through promissory note 80,112
Interest earned on investments held in Trust Account (628,525)
Compensation expense 300
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets 368
Prepaid insurance – short term (146,934)
Prepaid insurance – long term (127,975)
Accrued expenses 101,048
Net cash used in operating activities (276,933)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (150,750,000)
Net cash used in investing activities (150,750,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 147,000,000
Proceeds from sale of Private Placement Warrants 5,375,000
Repayment of promissory note – related party (540,515)
Payment of offering costs (60,299)
Net cash provided by financing activities 151,774,186
Net Change in Cash 747,253
Cash – Beginning of period
Cash – End of period 747,253
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 116,095
Deferred offering costs paid through promissory note – related party 290,469
Deferred underwriting fee payable 6,000,000
Conversion of advances and short-term promissory notes to long-term promissory notes $ 52,292