v3.26.1
UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 959,842
Adjustments to reconcile net income to net cash used in operating activities:  
General and administrative expenses paid by related parties under promissory note 57,040
Investment income from investments held in Trust Account (1,313,752)
Changes in operating assets and liabilities:  
Prepaid expenses (46,143)
Accounts payable 51,581
Accrued expenses (25,500)
Accrued expenses - related parties 30,000
Net cash used in operating activities (286,932)
Cash Flows from Investing Activities  
Cash deposited in Trust Account (315,100,000)
Net cash used in investing activities (315,100,000)
Cash Flows from Financing Activities:  
Proceeds received from Initial Public Offering, gross 315,100,000
Proceeds received from private placement 3,500,000
Repayment of note payable to related parties (167,388)
Offering costs paid (2,010,400)
Net cash provided by financing activities 316,422,212
Net change in cash 1,035,280
Cash - beginning of the period 16,217
Cash - end of the period 1,051,497
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accrued expenses 62,903
Offering costs paid by Sponsor under promissory note 142,650
Deferred underwriting commissions $ 12,288,900