v3.26.1
UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2026
USD ($)
Cash Flows from Operating Activities:  
Net Income $ 741,921
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (1,305,284)
Changes in operating assets and liabilities:  
Prepaid expenses (160,625)
Deferred expenses (424,307)
Advance - related party (5,000)
Due to related party (15,000)
Accounts payable and accrued expenses 199,495
Net cash used in operating activities (968,800)
Cash Flows from Investing Activities:  
Purchase of investments held in Trust Account (115,000,000)
Net cash used in investing activities (115,000,000)
Cash Flows from Financing Activities:  
Proceeds from initial public offering and over-allotment 115,000,000
Proceeds from private placement units 2,275,000
Payment of offering costs and other financing cash flows (1,018,990)
Net cash provided by financing activities 116,256,010
Net change in cash 287,210
Cash, beginning of period 25,000
Cash, end of period 312,210
Supplemental disclosure of noncash investing and financing activities:  
Non-cash settlement of related-party promissory note through private placement offset 700,000
Accretion of ordinary shares subject to possible redemption to initial redemption value 5,816,148
Interest reinvested in Trust Account 1,305,284
Non-cash issuance of representative shares to underwriter $ 357,880