v3.26.1
CONDENSED STATEMENT OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2026
Cash Flows from Operating Activities:  
Net income $ 2,037,510
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash held in Trust Account (2,442,950)
Payment of general and administrative costs through promissory note – related party 49,743
Changes in operating assets and liabilities:  
Prepaid expenses and insurance 4,776
Long-term prepaid insurance 26,930
Accounts payable and accrued expenses 159,713
Accrued interest on short-term loan 367
Net cash used in operating activities (163,911)
Cash Flows from Investing Activities:  
Cash held in Trust Account (168,500,000)
Net cash used in investing activities (168,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 165,505,000
Proceeds from sale of Private Placement Units 4,380,000
Proceeds from subscription receivable 21,960
Repayments of short-term loan (70,221)
Repayment of promissory note – related party (421,500)
Payment of offering costs (51,755)
Net cash provided by financing activities 169,363,484
Net Change in Cash 699,573
Cash – Beginning of period 0
Cash – End of period 699,573
Supplementary cash flow information:  
Cash paid for interest on short-term loan 1,536
Non-Cash investing and financing activities:  
Forfeiture of Founder Shares 13
Offering costs included in offering costs payable 49,051
Deferred offering costs paid through promissory note – related party 262,640
Prepaid services contributed by Sponsor through promissory note - related party 11,351
Prepaid insurance funded through short-term loan 133,059
Accretion of Class A ordinary shares to redemption value 17,841,821
Offering cost included in equity 334,888
Deferred underwriting fee payable $ 7,115,000