v3.26.1
Unaudited Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 3,422,685 $ 2,031,279
Adjustments to reconcile net income to net cash used in operating activities:    
Operating costs paid through IPO Promissory Note – related party 20,567
Income earned on cash and marketable securities held in Trust Account (4,186,292) (2,280,342)
Changes in operating assets and liabilities:    
Prepaid expenses 25,122 (6,100)
Due from Sponsor (616)
Long-term prepaid insurance (151,728)
Accrued expenses 274,124 64,118
Net cash used in operating activities (464,977) (322,206)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Public Units, net of underwriting discounts paid 226,000,000
Proceeds from sale of Private Placement Units 5,984,985
Repayment of IPO Promissory Note - related party (306,752)
Payment of offering costs (239,750)
Net cash provided by financing activities 231,438,483
Net Change in Cash (464,977) 1,116,277
Cash – Beginning of period 805,124
Cash – End of period 340,147 1,116,277
Noncash investing and financing activities:    
Offering costs included in accrued offering costs 56,422
Deferred offering costs paid through IPO Promissory Note – related party 158,635
Prepaid services contributed by Sponsor through IPO Promissory Note - related party 12,100
Due from Sponsor $ 15,015