v3.26.1
Unaudited Condensed Statement Of Cash Flows
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 4,837,757
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of formation, general, and administrative costs through IPO Promissory Note 15,054
Interest earned on cash and marketable securities held in Trust Account (5,368,577)
Changes in operating assets and liabilities:  
Due from Terra Quantum (131,709)
Prepaid expenses 2,117
Prepaid insurance (70,133)
Long-term prepaid insurance (39,968)
Accounts payable and accrued expenses 12,479
Net cash used in operating activities (742,980)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (360,000,000)
Net cash used in investing activities (360,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 352,800,000
Proceeds from sale of Private Placement Units 9,800,000
Repayment of advances from related party (29,911)
Repayment of IPO Promissory Note (362,938)
Payment of offering costs (317,606)
Net cash provided by financing activities 361,889,545
Net Change in Cash 1,146,565
Cash – Beginning of period
Cash – End of period 1,146,565
Noncash investing and financing activities:  
Offering costs paid through IPO Promissory Note 179,049
Deferred Fee payable $ 12,600,000