v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 814,444
Prepaid expense 54,419 25,000
Prepaid insurance – short-term 72,500
Total Current Assets 941,363 25,000
Deferred offering costs 135,959
Prepaid insurance – long-term 42,292
Cash and marketable securities held in Trust Account 291,161,379
TOTAL ASSETS 292,145,034 160,959
Current liabilities    
Accrued expenses 1,261,815 15,955
Accrued offering costs 83,609 24,840
Total Current Liabilities 1,345,424 195,614
Deferred legal fee 233,551
Advisory fee payable - non-current 3,062,500
Deferred underwriting fee payable 13,687,500
Total Liabilities 18,328,975 195,614
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, 28,750,000 shares at a redemption value of $10.13 and $0 per share as of June 30, 2026 and December 31, 2025, respectively 291,161,379
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital 24,138
Accumulated deficit (17,346,182) (59,655)
Total Shareholders’ Deficit (17,345,320) (34,655)
Total Liabilities and Shareholders’ Deficit 292,145,034 160,959
Related Party    
Current liabilities    
Promissory note – related party 154,819
Class A Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value [1],[2] $ 862 $ 862
[1] Includes an aggregate of up to 1,125,000 Class B ordinary shares subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ over-allotment option was exercised (Note 5). On February 13, 2026, the Company consummated its Initial Public Offering and sold 28,750,000 Units, including 3,750,000 Units sold pursuant to the full exercise of the underwriters’ over-allotment option, as a result the 1,125,000 Class B ordinary shares are no longer subject to forfeiture.
[2] On November 3, 2025, the Company issued additional 191,667 founder shares through recapitalization, resulting in the Sponsor holding 8,625,000 founder shares. All share and per share data has been retrospectively presented (Note 5).