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 $ 3,329,182 $ 1,843,449
Adjustments to reconcile net income to net cash used in operating activities:    
General and administrative expenses paid on the Company’s behalf by related party 425 2,006
Investment income from investments held in Trust Account (5,431,825) (2,083,940)
Changes in operating assets and liabilities:    
Prepaid expenses (10,626) (150,735)
Accounts payable 55,590 (545,952)
Accrued expenses 1,710,311 (214,466)
Accrued expenses - related parties 165,000 (82,500)
Net cash used in operating activities (181,943) (1,232,138)
Cash Flows from Investing Activities:    
Cash deposited in Trust Account (300,150,000)
Net cash used in investing activities (300,150,000)
Cash Flows from Financing Activities:    
Repayment of loans to related party (250,000) (221,560)
Proceeds received from initial public offering, gross 300,150,000
Proceeds received from private placement 3,500,000
Offering costs paid (1,718,930)
Net cash (used in) provided by financing activities (250,000) 301,709,510
Net change in cash (431,943) 327,372
Cash - beginning of the period 578,683 34,044
Cash - end of the period 146,740 361,416
Supplemental disclosure of noncash investing and financing activities:    
Offering costs paid by related party under promissory note 185,511
Issuance of Underwriter Warrants 3,750,000
Deferred underwriting commissions $ 11,705,850