v3.26.1
CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,677,994
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operation costs through IPO Promissory Note 2,491
Interest earned on cash and investments held in Trust Account (3,182,130)
Changes in operating assets and liabilities:  
Prepaid expenses and insurance (22,028)
Long-term prepaid insurance (38,652)
Accounts payable and accrued expenses 55,509
Deferred consulting fees 150,000
Net cash used in operating activities (356,816)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 226,895,000
Proceeds from sale of Private Placement Units 4,955,000
Underwriters' reimbursement 250,000
Repayment of IPO Promissory Note - related party (264,083)
Payment of offering costs (612,597)
Net cash provided by financing activities 231,223,320
Net Change in Cash 866,504
Cash - Beginning of period 0
Cash - End of period 866,504
Noncash investing and financing activities:  
Offering costs included in accrued offering costs 133,843
Deferred offering costs paid through IPO Promissory Note - related party 64,453
Prepaid services contributed by Sponsor through IPO Promissory Note - related party 91,100
Deferred offering costs paid through prepayment 5,870
Deferred Fee payable $ 8,050,000