v3.26.1
Condensed Statement of Cash Flows (Unaudited)
 6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,285,964
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative expenses through promissory note 667
Interest earned on investments held in Trust Account (2,007,993)
Share-based compensation expense 138,700
Changes in operating assets and liabilities:  
Prepaid expenses and insurance (154,568)
Long term prepaid insurance (25,469)
Accounts payable and accrued expenses 201,089
Net cash used in operating activities (561,610)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (138,000,000)
Net cash used in investing activities (138,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 137,310,000
Proceeds from sale of Private Placement Units 2,615,000
Proceeds from advances from related party 815,000
Repayment of advances from related party (1,365,000)
Repayment of promissory note – related party (200,821)
Payment of offering costs (339,446)
Net cash provided by financing activities 138,834,733
Net Change in Cash 273,123
Cash – Beginning of period 550,000
Cash – End of period 823,123
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 64,121
Offering costs paid through promissory note – related party 10,298
Offering costs paid through prepaid expenses 50,000
Accrued expenses paid through promissory note – related party $ 6,000