v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,579,393
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (1,957,551)
Change in fair value of over-allotment option liability (57,000)
Changes in operating assets and liabilities:  
Prepaid expenses (80,165)
Long-term prepaid insurance (48,588)
Accrued expenses 30,753
Deferred legal fees 153,291
Net cash used in operating activities (379,867)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Cash withdrawn from Trust Account for working capital purposes 125,000
Net cash used in investing activities (229,875,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of founder shares to independent directors 522
Proceeds from sale of Units, net of underwriting discounts paid 229,750,000
Proceeds from sale of Private Placement Units 2,350,000
Proceeds from promissory note – related party 146,314
Repayment of promissory note – related party (300,000)
Payment of offering costs (320,024)
Net cash provided by financing activities 231,626,812
Net Change in Cash 1,371,945
Cash – Beginning of period
Cash – End of period 1,371,945
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accrued offering costs 88,829
Deferred offering costs paid through promissory note – related party 62,851
Deferred underwriting fee payable 12,650,000
Forfeiture of founder shares $ 12