v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (28,169)
Adjustments to reconcile net loss to net cash used in operating activities:  
Payment of formation, general and administrative expenses through promissory note – related party 72,542
Interest earned on cash and investments held in Trust Account (290,024)
Share-based compensation expense 52,290
Change in fair value of over-allotment option liability (45,400)
Changes in operating assets and liabilities:  
Prepaid expenses (182,929)
Long term prepaid insurance (111,333)
Accounts payable and accrued expenses 147,222
Net cash used in operating activities (385,801)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (75,000,000)
Net cash used in investing activities (75,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Public Shares, net of underwriting discounts paid 74,250,000
Proceeds from sale of Private Placement Shares 3,000,000
Repayment of promissory note – related party (134,056)
Payment of offering costs (95,719)
Net cash provided by financing activities 77,020,225
Net Change in Cash 1,634,424
Cash – Beginning of period
Cash – End of period 1,634,424
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 310,714
Offering costs paid directly by Sponsor in exchange for the issuance of Class B ordinary shares 25,000
Offering costs paid through promissory note - related party 59,014
Prepaid services paid by Sponsor through the promissory note – related party 2,500
Deferred underwriting fee payable $ 2,250,000