v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 391,972 $ 693,507
Prepaid expenses 45,479
Due from Sponsor 34,258 34,258
Prepaid insurance 75,000 75,000
Total current assets 546,709 802,765
Long-term prepaid insurance 33,125 70,625
Marketable securities held in Trust Account 175,837,588 172,766,306
TOTAL ASSETS 176,417,422 173,639,696
Current liabilities    
Accrued expenses 51,502 74,840
Accrued offering costs 91,550 91,550
Due to Sponsor 37,000 7,000
Total current liabilities 180,052 173,390
Deferred Fee 6,900,000 6,900,000
TOTAL LIABILITIES 7,080,052 7,073,390
Commitments and contingencies (see Note 6)
Class A Ordinary Shares subject to possible redemption, $0.0001 par value; 17,250,000 shares issued and outstanding at redemption value of approximately $10.19 per share and $10.01 per share as of June 30, 2026 and December 31, 2025, respectively 175,837,588 172,766,306
Shareholders’ Deficit    
Preference Shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding
Additional paid-in capital
Accumulated deficit (6,500,837) (6,200,619)
Total Shareholders’ Deficit (6,500,218) (6,200,000)
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 176,417,422 173,639,696
Class A Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value 50 50
Class B Ordinary Shares    
Shareholders’ Deficit    
Ordinary shares, value $ 569 $ 569