v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,828,130
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (3,097,250)
Changes in operating assets and liabilities:  
Prepaid expenses (151,929)
Accounts payable and accrued expenses 39,402
Net cash used in operating activities (381,647)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Cash withdrawn from Trust Account for working capital purposes 300,000
Net cash used in investing activities (229,700,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 227,700,000
Underwriters’ reimbursement 310,363
Proceeds from sale of Private Placements Warrants 4,125,000
Proceeds from promissory note – related party 97,662
Repayment of promissory note – related party (252,021)
Payment of offering costs (775,269)
Net cash provided by financing activities 231,205,735
Net Change in Cash 1,124,088
Cash – Beginning of period
Cash – End of period 1,124,088
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 22,955
Accretion of Class A Ordinary Shares to redemption value 11,578,561
Deferred underwriting fee payable $ 2,300,000