v3.26.1
CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,767,666
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (3,120,143)
Payment of operation costs through promissory note 31,000
Changes in operating assets and liabilities:  
Prepaid expenses (18,231)
Accrued expenses (35,061)
Prepaid insurance (118,750)
Net cash used in operating activities (493,519)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Cash withdrawn from Trust Account for working capital purposes 53,755
Net cash used in investing activities (229,946,245)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 225,400,000
Proceeds from sale of Private Placements Warrants 6,341,500
Repayment of promissory note-related party (132,234)
Payment of offering costs (308,777)
Net cash provided by financing activities 231,300,489
Net Change in Cash 860,725
Cash - End of period 860,725
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid through promissory note - related party 90,814
Deferred underwriting fee payable $ 9,200,000