v3.26.1
Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 3,718,630
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash and marketable securities held in Trust Account (4,247,023)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (44,238)
Short-term prepaid insurance (116,125)
Long-term prepaid insurance (59,936)
Accounts payable and accrued expenses (40,309)
Accrued offering costs (7,500)
Deferred legal fee payable 85,554
Net cash used in operating activities (710,947)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 250,470,000
Underwriters’ reimbursement 632,500
Proceeds from sale of Private Placements Warrants 5,000,000
Repayment of promissory note – related party (165,580)
Payment of offering costs (428,063)
Issuance of Representative Shares 1,000
Net cash provided by financing activities 255,509,857
Net Change in Cash 1,798,910
Cash – Beginning of period
Cash – End of period 1,798,910
Noncash investing and financing activities:  
Offering costs included in accrued offering costs 82,500
Deferred legal fee payable 83,432
Fair value of representative shares charged to deferred offering costs and other assets $ 9,839,000