v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 1,498,431 $ 3,136,231
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on marketable securities and cash held in Trust Account (2,879,103) (3,523,660)
Interest due from Everli (314,204) (2,540)
Interest expense on Working Capital loan 7,758
Interest expense on Sponsor Loan 319,201 109
Changes in operating assets and liabilities:    
Prepaid expenses 42,942 45,083
Accounts payable and accrued expenses 999,968 22,328
Net cash used in operating activities (325,007) (322,449)
Cash Flows from Investing Activities:    
Cash withdrawn from Trust Account in connection with redemptions 131,489,166
Payment of invoices on behalf of Everli (228,079)
Net cash provided by (used in) investing activities 131,489,166 (228,079)
Cash Flows from Financing Activities:    
Redemption of Class A Ordinary Shares (131,489,166)
Proceeds from Working Capital Loan 223,079
Proceeds from Sponsor Loan 71,921 228,079
Net cash (used in) provided by financing activities (131,194,166) 228,079
Net Change in Cash (30,007) (322,449)
Cash – Beginning of period 32,075 878,254
Cash – End of period 2,068 555,805
Non-Cash investing and financing activities:    
Capital contribution from Everli for Trust extension 78,478
Reduction of Deferred Fee payable $ 4,885,024