v3.26.1
Unaudited Condensed Statement of Cash Flows
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,238,110
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities and cash held in Trust Account (2,522,490)
Prepaid expenses applied to general and administrative costs 4,503
Payment of general and administrative costs through promissory note – related party 58,670
Changes in operating assets and liabilities:  
Prepaid expenses (294,873)
LT prepaid insurance (245,605)
Accrued expenses 3,561
Net cash used in operating activities (758,124)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (414,000,000)
Net cash used in investing activities (414,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 407,790,000
Proceeds from sale of Private Placement Units 3,500,000
Underwriters’ reimbursement 4,710,000
Repayment of IPO Promissory Note - related party (285,138)
Payment of offering costs (378,514)
Net cash provided by financing activities 415,336,348
Net Change in Cash 578,224
Cash – Beginning of period
Cash – End of period 578,224
Supplemental disclosure of non-cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid through IPO Promissory Note – related party 146,965
Prepaid expenses applied to deferred offering costs 15,373
Prepaid expenses paid by Sponsor through the IPO Promissory Note – related party 75,000
Deferred Fee payable $ 16,990,000