v3.26.1
Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,928,457
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operating costs through promissory note 95,682
Interest earned on cash and marketable securities held in Trust Account (2,411,975)
Changes in operating assets and liabilities:  
Prepaid expenses (45,306)
Short term prepaid insurance (89,091)
Long term prepaid insurance (56,933)
Deferred legal fee 3,615
Accrued expenses 136,711
Net cash used in operating activities (438,840)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 225,399,999
Proceeds from sale of Private Placement Warrants 7,600,000
Repayment of promissory note - related party (277,312)
Payment of offering costs (394,422)
Net cash provided by financing activities 232,328,265
Net Change in Cash 1,889,425
Cash – Beginning of period
Cash – End of period 1,889,425
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs and accounts payable 157,017
Offering costs paid through promissory note – related party 138,462
Offering costs applied to prepaid services 5,106
Deferred underwriting fee payable $ 9,200,000