v3.26.1
Unaudited Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 4,887,664 $ 4,516,531
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on cash and securities held in Trust Account (5,314,462) (4,884,365)
Payment of general and administrative costs through IPO Promissory Note 48,000
Changes in operating assets and liabilities:    
Prepaid expenses 18,622 (261,910)
Accrued expenses (2,187) (8,562)
Net cash used in operating activities (410,363) (590,306)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (288,937,500)
Net cash used in investing activities (288,937,500)
Cash Flows from Financing Activities:    
Proceeds from sale of Public Units, net of underwriting discounts paid 281,750,000
Proceeds from sale of Private Placement Units 9,227,270
Repayment of IPO Promissory Note – related party (266,071)
Payment of offering costs (75,000) (347,154)
Net cash (used in) provided by financing activities (75,000) 290,364,045
Net Change in Cash (485,363) 836,239
Cash – Beginning of period 577,446
Cash – End of period 92,083 836,239
Non-cash investing and financing activities:    
Offering costs included in accrued offering costs 75,000
Deferred Underwriting Fee payable $ 10,062,500