v3.26.1
Condensed Statement of Cash Flows (Unaudited)
4 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 88,345
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative fees through advances from related parties 72,046
Interest earned on investments held in Trust Account (490,916)
Compensation expense 208,750
Changes in operating assets and liabilities:  
Prepaid expenses 548
Short-term prepaid insurance (130,918)
Long-term prepaid insurance (121,462)
Accounts payable and accrued expenses 23,809
Deferred legal fee 7,234
Net cash used in operating activities (342,564)
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 Units, net of underwriting discounts paid 226,000,000
Proceeds from sale of private placement warrants 6,000,000
Repayment of advances from related parties (291,521)
Payment of offering costs (362,199)
Net cash provided by financing activities 231,346,280
Net Change in Cash 1,003,716
Cash – Beginning of period
Cash – End of period 1,003,716
Non - Cash investing and financing activities:  
Offering costs included in accrued offering costs 85,000
Offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares 25,000
Offering costs paid by advances from Sponsor 207,875
Prepaid services paid by advances from Sponsor 18,000
Deferred underwriting fee payable 9,800,000
Deferred legal fee payable $ 18,360