v3.26.1
CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,935,638
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash held in Trust Account (2,968,775)
Changes in operating assets and liabilities:  
Prepaid expenses (8,045)
Prepaid insurance (106,300)
Accrued expenses 681,158
Net cash used in operating activities (466,324)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (172,500,000)
Net cash used in investing activities (172,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 170,208,000
Proceeds from sale of Private Placement Warrants 4,075,000
Repayment of advances from related party (3,347,804)
Repayment of promissory note - related party (123,988)
Payment of offering costs (485,212)
Net cash provided by financing activities 170,325,996
Net Change in Cash (2,640,328)
Cash - Beginning of period 3,279,258
Cash - End of period 638,930
Non-cash Investing and Financing Activities  
Deferred underwriting fee payable 6,876,000
Offering costs included in accrued offering costs $ 85,000