v3.26.1
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:        
Net income     $ 1,112,730 $ 758,164
Adjustments to reconcile net income to net cash used in operating activities:        
Operational expenses paid by Sponsor in exchange for issuance of Class B Ordinary Shares       10,420
Payment of operating costs through IPO Promissory Note       34,919
Interest earned on marketable securities held in Trust Account $ (1,364,288) $ (834,274) (2,713,663) (834,274)
Gain on expiration of Over-Allotment Option liability   (159,084)   (159,084)
Changes in operating assets and liabilities:        
Prepaid expenses     (33,288) (144,337)
Due from Sponsor     (172) 1,884
Long-term prepaid insurance     30,766 (74,117)
Accrued expenses     1,029,193 20,652
Net cash used in operating activities     (574,434) (385,773)
Cash Flows from Investing Activities:        
Investment of cash into Trust Account       (150,000,000)
Net cash used in investing activities       (150,000,000)
Cash Flows from Financing Activities:        
Proceeds from sale of Public Units, net of underwriting discounts paid       147,000,000
Proceeds from sale of Private Placement Units       5,000,000
Repayment of IPO Promissory Note - related party       (108,352)
Payment of offering costs       (394,500)
Net cash (used in) provided by financing activities       151,497,148
Net Change in Cash     (574,434) 1,111,375
Cash - Beginning of period     777,703  
Cash - End of period $ 203,269 $ 1,111,375 $ 203,269 1,111,375
Noncash investing and financing activities:        
Offering costs included in accrued offering costs       85,000
Deferred offering costs paid through IPO Promissory Note       73,433
Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares       25,000
Deferred Fee payable       6,000,000
Forfeiture of Founder Shares       $ 75