v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 2,607,567 $ 1,517,370
Adjustments to reconcile net income to net cash used in operating activities:    
Payment of operation costs through IPO Promissory Note 3,394
Interest earned on marketable securities held in Trust Account (4,215,310) (3,146,503)
Changes in operating assets and liabilities:    
Prepaid insurance 52,382 (104,764)
Prepaid expenses (47,500) (58,982)
Long-term prepaid insurance 26,191 (157,146)
Accrued offering costs (75,000) (6,000)
Accounts payable and accrued expenses 1,266,098 1,369,732
Net cash used in operating activities (385,572) (582,899)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Public Units, net of underwriting discounts paid 226,000,000
Proceeds from sale of Private Placement Units 6,000,000
Repayment of IPO Promissory Note - related party (222,141)
Payment of offering costs (344,042)
Net cash provided by financing activities 231,433,817
Net Change in Cash (385,572) 850,918
Cash – Beginning of period 543,258
Cash – End of period 157,686 850,918
Noncash investing and financing activities:    
Offering costs included in accrued offering costs 84,295
Deferred offering costs paid through IPO Promissory Note – related party 45,827
Deferred Underwriting Fee payable $ 10,950,000