v3.26.1
Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,080,060
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (3,720,939)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (188,218)
Accrued expenses 1,143,278
Long-term prepaid insurance (63,000)
Net cash used in operating activities (748,819)
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 sale of Units, net of underwriting discounts paid 251,102,500
Proceeds from sale of Private Placement Warrants 5,000,000
Repayment of promissory note - related party (129,650)
Payment of offering costs (437,272)
Net cash provided by financing activities 255,535,578
Net Change in Cash and cash equivalents 1,786,759
Cash and cash equivalents – Beginning of period
Cash and cash equivalents – End of period 1,786,759
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid through promissory note – related party 5,000
Deferred underwriting fee payable $ 7,590,000