v3.26.1
Condensed Statement of Cash Flows
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net Income (Loss) $ 2,390,876
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash and marketable securities held in Trust Account (3,072,228)
Share-based compensation 156,081
Changes in operating assets and liabilities:  
Prepaid expenses (192,254)
Accrued expenses 220,916
Deferred legal fees 33,042
Net cash used in operating activities (463,567)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (248,500,000)
Net cash used in investing activities (248,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 243,530,000
Proceeds from sale of Private Placement Units 6,720,000
Proceeds from promissory note – related party 105,000
Repayment of promissory note – related party (141,000)
Payment of offering costs (546,606)
Net cash provided by financing activities 249,667,394
Net Change in Cash 703,827
Cash – Beginning of period 4,347
Cash – End of period 708,174
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 105,460
Deferred offering costs applied through prepayment 20,600
Accretion of Class A ordinary shares to redemption value 22,166,644
Deferred underwriting fee payable 9,940,000
Forfeiture of Founder Shares 34
Offering costs charged to additional paid-in capital $ 636,740