v3.26.1
Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,757,990
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash and investments held in Trust Account (2,965,858)
Payment of formation, general, and administrative costs through promissory note 46,945
Change in fair value of over-allotment liability (160,600)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (42,691)
Accrued expenses 110,974
Net cash used in operating activities (253,240)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (204,193,850)
Net cash used in investing activities (204,193,850)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 202,662,396
Proceeds from sale of Private Placement Units 4,031,460
Advances from related party (45)
Due to related parties 114,124
Due to Sponsor 53,873
Repayment of promissory note – related party (316,235)
Payment of offering costs (347,930)
Net cash provided by financing activities 206,197,643
Net Change in Cash 1,750,553
Cash – Beginning of period
Cash – End of period 1,750,553
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid through promissory note – related party 27,875
Accretion of Class A ordinary shares to redemption value 9,202,600
Fair value of representative shares 501,802
Over-allotment option liability 160,600
Forfeiture of Founder Shares $ 87