v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Financing activities:    
Net income (loss) $ 3,913,589 $ 2,553,790
Adjustment to reconcile net income (loss) to net cash used in operating activities:    
Interest income on investments held in Trust Account (5,061,583) (2,573,413)
Changes in current assets and liabilities:    
prepaid insurance - current 20,989 (83,916)
accounts payable and accrued expenses 573,071 (179,040)
due to Sponsor (99,200)
due to related party 60,000
prepaid insurance 20,969 (62,929)
Net cash used in operating activities (472,965) (444,708)
Cash Flows from Investing Activities:    
Cash deposited in Trust Account (277,380,000)
Net cash used in investing activities (277,380,000)
Gross proceeds from initial public offering 276,000,000
Proceeds from private placement 8,110,056
Payment of offering costs (5,358,940)
Net cash provided by financing activities 278,751,116
Net (decrease) increase in cash and cash equivalents (472,965) 926,408
Cash and cash equivalents – beginning of the period 720,301 25,000
Cash and cash equivalents – end of the period 247,336 951,408
Supplemental disclosure of noncash investing and financing activities:    
Deferred underwriting fee payable $ 13,140,000