v3.26.1
CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash $ 201,861 $ 560,813
Prepaid expenses - current 114,474 82,032
Due from related party 9,718 15,410
Total Current Assets 326,053 658,255
Non-current Assets:    
Cash and marketable securities held in Trust Account 209,286,528 205,642,100
Prepaid expenses – non-current 0 33,699
Total Non-current Assets 209,286,528 205,675,799
TOTAL ASSETS 209,612,581 206,334,054
Current Liabilities:    
Accounts payable 183,149 107,053
Accrued expenses 2,114,838 962,012
Administrative services fee payable 0 5,000
Total Current Liabilities 2,297,987 1,074,065
Non-current Liabilities:    
Deferred underwriter fee liability 7,043,750 7,043,750
Total Non-current Liabilities 7,043,750 7,043,750
TOTAL LIABILITIES 9,341,737 8,117,815
Commitments and Contingencies (Note 7) 0 0
Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 20,125,000 shares issued and outstanding at redemption value 209,286,528 205,642,100
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 0 0
Accumulated deficit (9,016,468) (7,426,645)
Total Shareholders’ Deficit (9,015,684) (7,425,861)
TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 209,612,581 206,334,054
Class A Ordinary Shares    
Shareholders’ Deficit    
Common stock, value, issued 77 77
Class B Ordinary Shares    
Shareholders’ Deficit    
Common stock, value, issued $ 707 $ 707