v3.26.1
Unaudited Condensed Statement of Cash Flows
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income (loss) $ (3,964,762)
Adjustments to reconcile net loss to net cash used in operating activities:  
Payment of operation costs through IPO Promissory Note – Related Party 31,000
Share-based compensation expense 111,000
Change in fair value of Over-Allotment Option liability (167,400)
Interest earned on investments held in Trust Account (2,429,879)
Changes in operating assets and liabilities:  
Prepaid expenses (120,889)
Long-term prepaid insurance (46,333)
Accounts payable and accrued expenses 19,200
Advisory Fee payable 6,189,600
Net cash used in operating activities (378,463)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (206,320,000)
Net cash used in investing activities (206,320,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 206,070,000
Proceeds from sale of Private Placement Units 2,250,000
Due from Sponsor (13,230)
Repayment of IPO Promissory Note – Related Party (136,689)
Excess Private Placement proceeds wired by the Sponsor to the Company 4,348
Payment of offering costs (340,081)
Net cash provided by financing activities 207,834,348
Net Change in Cash 1,135,885
Cash – Beginning of period
Cash – End of period 1,135,885
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 308,650
Deferred offering costs paid through IPO Promissory Note – Related Party 43,389
Prepaid expenses applied as payment to offering costs 25,000
Deferred Fee payable 6,189,600
Forfeiture of Founder Shares $ 59