v3.26.1
Unaudited Condensed Statements of Cash Flows
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 57,795
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (134,919)
Changes in operating assets and liabilities:  
Prepaid expenses (140,490)
Deferred offering costs 85,787
Accrued expenses (17,500)
Net Cash used in Operating Activities (149,327)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (173,362,500)
Net Cash used in Investing Activities (173,362,500)
Cash Flows from Financing Activities:  
Proceeds from the sale of Units 172,500,000
Proceeds from IPO Promissory Note – related party 37,225
Payment of IPO Promissory Note – related party (137,325)
Payment of advances from related party (750)
Proceeds from sale of Private Placement Warrants 6,100,000
Payment of underwriting fee (3,450,000)
Payment of offering costs (385,483)
Net Cash Provided by Financing Activities 174,663,667
Net change in cash 1,151,840
Cash at beginning of period 1,112
Cash at end of period 1,152,952
Supplemental disclosure of non-cash financing activities:  
Deferred underwriters’ discount payable charged to additional paid-in capital 6,900,000
Accretion for Class A Ordinary Shares to redemption amount $ 134,919