v3.26.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:          
Net income (loss) $ 1,725,848 $ 1,917,622 $ 599,557 $ 3,643,470 $ 556,735
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Payment of expense through promissory note – related party         36,220
Earnings on investments held in Trust Account (2,101,551)   (868,152) (4,143,176) (868,152)
Changes in operating assets and liabilities:          
Due from Sponsor       21,299  
Accrued expenses       271,989 41,979
Net cash used in operating activities       (200,517) (151,248)
Prepaid expenses       5,901 (50,330)
Cash Flows from Financing Activities:          
Proceeds from issuance of Class B ordinary shares         25,000
Payment of offering costs       (75,000) (303,080)
Proceeds from sale of Public Units, net of underwriting discounts paid         225,400,000
Repayment of advances from related party         1,245,307
Due from Sponsor         (1,423,800)
Net cash provided by financing activities       (75,000) 231,543,427
Net Change in Cash       (275,517) 1,392,179
Cash – Beginning of period   $ 1,096,942   1,096,942  
Cash – End of period $ 821,425   $ 1,392,179 $ 821,425 1,392,179
Supplemental disclosure of cash flow information:          
Deferred offering costs included in accrued offering costs         303,080
Deferred offering costs paid through promissory note – related party         9,200,000
Deferred offering costs paid through promissory note – related party         142,574
Net cash used in investing Activities         (230,000,000)
Cash Flows from Investing Activities:          
Investment of cash into Trust Account         $ (230,000,000)