v3.26.1
Unaudited Condensed Statements of Cash Flows
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (183,244)
Adjustments to reconcile net loss to net cash used in operating activities:  
Formation and operating costs paid by Sponsor 92,925
Deferred offering cost written off to expense 5,000
Income earned on cash and Cash and marketable securities held in trust account (32,370)
Changes in operating assets and liabilities:  
Accrued liabilities and other payables 18,959
Prepaid expenses (120,000)
Net cash used in operating activities (218,730)
Cash Flows from Investing Activities:  
Investment of cash in trust account (115,000,000)
Net cash used in investing activities (115,000,000)
Cash Flows from Financing Activities:  
Capital contribution from Sponsor 1,000
Proceeds from public offering 115,000,000
Cash proceeds from private placement 1,800,000
Payment of offering costs (827,318)
Net cash provided by financing activities 115,973,682
Net increase in cash and cash equivalents 754,952
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period 754,952
Supplemental disclosure of non-cash financing activities:  
Deferred offering costs paid by Sponsor and included in Promissory Note 226,103
Deferred underwriting fee accrued and charged to additional paid-in capital 805,000
Private placement and founder share subscription amounts settled against Promissory Note 100,000
Representative shares issued as non-cash underwriting compensation $ 251,713