v3.26.1
Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 3,862,169
Adjustments to reconcile net income to net cash used in operating activities:  
General and administrative expenses paid by related party on behalf of the Company 12,193
Interest earned on demand deposit held in Trust Account (4,254,125)
Changes in operating assets and liabilities:  
Prepaid expenses and insurance (154,373)
Long-term prepaid insurance (67,974)
Accrued expenses 10,146
Net cash used in operating activities (591,964)
Cash Flows from Investing Activities:  
Investment of cash into the Trust Account (276,000,000)
Net cash used in investing activities (276,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 270,480,000
Proceeds from sale of Private Placement Units 7,620,000
Repayment of promissory note – related party (169,053)
Payment of offering costs (329,675)
Net cash provided by financing activities 277,601,272
Net Change in Cash 1,009,308
Cash – Beginning of period
Cash – End of period 1,009,308
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Offering costs paid through promissory note – related party 14,153
Prepaid retainer applied to offering costs 11,379
Deferred underwriting fee payable $ 9,660,000