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 $ 5,081,066 $ 1,130,686
Adjustments to reconcile net income to net cash used in operating activities:    
Payment of general and administrative costs through promissory note 53,670
Payment of general and administrative costs through due to sponsor (393) 5,455
Interest earned on cash and marketable securities held in Trust Account (5,468,600) (1,403,603)
Changes in operating assets and liabilities:    
Prepaid expenses (27,856) (63,286)
Prepaid insurance 38,693 (147,246)
Accrued expenses 67,888 18,673
Net cash used in operating activities (309,202) (405,651)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (300,150,000)
Net cash used in investing activities (300,150,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 294,929,999
Proceeds from sale of Private Placements Warrants 7,220,000
Repayment of IPO Promissory Note - related party (300,000)
Payment of offering costs (373,039)
Net cash provided by financing activities 301,476,960
Net Change in Cash (309,202) 921,309
Cash - Beginning of period 553,972
Cash - End of period 244,770 921,309
Supplemental disclosure of noncash investing and financing activities:    
Offering costs included in accrued offering costs 88,092
Deferred offering costs paid through IPO Promissory Note – related party 200,860
Prepaid services contributed by Sponsor through IPO Promissory Note – related party 45,470
Deferred underwriting fee payable 14,289,750
Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares $ 25,000