v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,584,621
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of operation costs due to sponsor 16,332
Repayment of advances from related party (16,973)
Interest earned on investments held in Trust Account (2,926,777)
Changes in operating assets and liabilities:  
Prepaid expenses (49,906)
Short-term prepaid insurance (99,719)
Long-term prepaid insurance (58,169)
Accounts payable and accrued expenses 80,000
Net cash used in operating activities (470,591)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (201,250,000)
Net cash used in investing activities (201,250,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Units, net of underwriting discounts paid 197,728,125
Proceeds from sale of Private Placement Units 4,868,750
Underwriters’ reimbursement 503,125
Proceeds from IPO Promissory Note – related party 85,000
Repayment of IPO Promissory Note – related party (230,000)
Payment of offering costs (395,211)
Net cash provided by financing activities 202,559,789
Net Change in Cash and Cash Equivalents 839,198
Cash and cash equivalents – Beginning of period 69
Cash and cash equivalents – End of period 839,267
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred Fee payable $ 7,043,750