v3.26.1
Unaudited Condensed Statement of Cash Flows
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,480,861
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operating costs through IPO Promissory Note – related party 35,795
Operating costs paid by the U.S. Sponsor on behalf of the Company 27,384
Interest earned on cash and marketable securities held in Trust Account (1,850,350)
Changes in operating assets and liabilities:  
Other receivable (1,907)
Prepaid expenses (155,177)
Long-term prepaid insurance (45,212)
Accounts payable and accrued expenses 135,029
Net cash used in operating activities (373,577)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (172,500,000)
Net cash used in investing activities (172,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 169,912,500
Proceeds from sale of Private Placement Units 4,462,500
Repayment of IPO Promissory Note - related party (165,123)
Payment of offering costs (362,429)
Net cash provided by financing activities 173,847,448
Net Change in Cash 973,871
Cash – Beginning of period
Cash – End of period 973,871
Noncash investing and financing activities:  
Offering costs included in accrued offering costs 152,636
Deferred offering costs paid through IPO Promissory Note – related party 124,486
Deferred Fee payable $ 6,900,000