v3.26.1
Unaudited Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 4,210,264 $ 776,441
Adjustments to reconcile net income to net cash used in operating activities:    
Operating costs paid through IPO Promissory Note – related party 53,945
Dividends earned on investments held in Trust Account (4,583,095) (919,363)
Changes in operating assets and liabilities:    
Prepaid expenses 7,179 (183,998)
Accounts payable and accrued expenses (55,906)
Net cash used in operating activities (421,558) (272,975)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Public Units, net of underwriting discounts paid 249,584,500
Proceeds from sale of Private Placement Units 5,240,500
Proceeds from IPO Promissory Note 117,300
Repayment of IPO Promissory Note (374,794)
Payment of offering costs (75,000) (367,517)
Net cash (used in) provided by financing activities (75,000) 254,199,989
Net Change in Cash (496,558) 927,014
Cash – Beginning of period 709,887
Cash – End of period 213,329 927,014
Noncash investing and financing activities:    
Deferred offering costs included in accrued offering costs 85,000
Deferred offering costs paid through IPO Promissory Note - related party 173,750
Prepaid expenses paid in exchange for the issuance of Class B Ordinary Shares 25,000
Prepaid expenses paid through IPO Promissory Note – related party 2,699
Deferred offering costs charged to additional paid-in capital 651,267
Netting of amount due to and due from Sponsor 274,794
Deferred Fee payable $ 6,957,500