v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 157,686 $ 543,258
Prepaid insurance 50,000 157,146
Prepaid expenses 104,764 2,500
Total current assets 312,450 702,904
Long-term prepaid insurance 26,191
Marketable securities held in Trust Account 242,070,218 237,854,908
Total Assets 242,382,668 238,584,003
Current liabilities    
Accounts payable and accrued expenses 4,304,657 3,038,559
Accrued offering costs 75,000
Total current liabilities 4,304,657 3,113,559
Deferred underwriting fee 10,950,000 10,950,000
Total Liabilities 15,254,657 14,063,559
Commitments and Contingencies (Note 6)
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (14,943,034) (13,335,291)
Total Shareholders’ Deficit (14,942,207) (13,334,464)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit 242,382,668 238,584,003
Class A Ordinary Shares    
Current liabilities    
Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 23,000,000 shares at redemption value of $10.52 and $10.34 per share as of June 30, 2026 and December 31, 2025, respectively 242,070,218 237,854,908
Shareholders’ Deficit    
Ordinary shares, value 60 60
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value $ 767 $ 767