v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended 8 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2024
Dec. 31, 2025
Cash Flows from Operating Activities:        
Net income $ 3,117,634 $ 4,582,865 $ 2,215,548 $ 8,911,506
Adjustments to reconcile net income to net cash used in operating activities:        
Payment of expenses through IPO Promissory Note – related party     82,301
General and administrative costs applied to prepaids contributed by Sponsor through IPO Promissory Note – related party     5,106
Interest earned on cash and marketable securities held in Trust Account (4,323,947) (4,940,148) (2,281,141) (9,819,897)
Unrealized gain on marketable securities held in Trust Account (25,679) (107,198)
Changes in operating assets and liabilities:        
Prepaid expenses 14,808 29,017 (193,569) 86,454
Long-term prepaid insurance 47,500 (71,250) 71,250
Accrued expenses 964,623 (9,969) 16,136 140,065
Net cash used in operating activities (226,882) (316,414) (334,067) (610,622)
Cash Flows from Investing Activities:        
Investment of cash into Trust Account     (231,150,000)
Net cash used in investing activities     (231,150,000)
Cash Flows from Financing Activities:        
Proceeds from sale of Units, net of underwriting discounts paid     226,000,000
Proceeds from sale of Private Placements Warrants     7,075,000
Repayment of IPO Promissory Note – related party     (342,923)
Payment of offering costs     (312,309) (75,000)
Net cash (used in) provided by financing activities     232,419,768 (75,000)
Net Change in Cash (226,882) (316,414) 935,701 (685,622)
Cash – Beginning of period 250,079 935,701 935,701
Cash – End of period $ 23,197 $ 619,287 935,701 250,079
Supplemental disclosure of cash flow information:        
Deferred Fee payable     10,950,000
Deferred costs included in accrued offering costs     75,000
Deferred offering costs contributed by Sponsor through IPO Promissory Note – related party     240,782
Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares     25,000
Prepaid services contributed by Sponsor through the IPO Promissory Note – related party     $ 19,840