v3.26.1
Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 670,656 $ 1,015,282
Prepaid expenses 44,667 8,284
Prepaid insurance 65,000 65,000
Total Current Assets 780,323 1,088,566
Long-term prepaid insurance 5,417 37,917
Marketable securities held in Trust Account 261,800,278 257,298,929
Total Assets 262,586,018 258,425,412
Current Liabilities    
Accrued expenses 1,452,508 589,831
Accrued offering expenses 75,000 75,000
Total Current Liabilities 1,527,508 664,831
Deferred underwriting fee payable 12,045,000 12,045,000
Advisory fee payable 1,204,500 1,204,500
Total Liabilities 14,777,008 13,914,331
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption 261,800,278 257,298,929
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 1,100,000 shares authorized; none issued or outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (13,992,111) (12,788,691)
Total Shareholders’ Deficit (13,991,268) (12,787,848)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders’ Deficit 262,586,018 258,425,412
Class A ordinary shares    
Shareholders’ Deficit    
Ordinary shares, value
Class B ordinary shares    
Shareholders’ Deficit    
Ordinary shares, value $ 843 $ 843