v3.26.1
Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (1,057,842)
Adjustments to reconcile net loss to net cash used in operating activities:  
Payment of general and administrative costs through promissory note – related party 30,955
Interest earned on cash and marketable securities held in Trust Account (3,661,379)
Changes in operating assets and liabilities:  
Prepaid insurance (114,792)
Prepaid expenses 30,558
Advisory fee payable – non-current 3,062,500
Accrued expenses 1,245,860
Net cash used in operating activities (464,140)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (287,500,000)
Net cash used in investing activities (287,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 282,500,000
Proceeds from sale of Private Placements Warrants 7,000,000
Repayment of promissory note - related party (371,062)
Payment of offering costs (350,354)
Net cash provided by financing activities 288,778,584
Net Change in Cash 814,444
Cash – Beginning of period
Cash – End of period 814,444
Noncash investing and financing activities:  
Offering costs included in accrued offering costs 58,769
Deferred offering costs paid through promissory note – related party 110,288
Increase in advisory fee payable – non-current 3,062,500
Prepaid services contributed by Sponsor through promissory note - related party 75,000
Deferred underwriting fee payable 13,687,500
Deferred legal fee payable $ 233,551