v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities:            
Net (loss) income $ (699,615) $ (152,231) $ 2,395,143 $ 407,633 $ (1,512,540) $ 8,205,527
Adjustments to reconcile net income to net cash used in operating activities:            
Interest earned on interest-bearing demand deposit held in Trust Account (235,555) (689,016) (466,156) (1,361,827) (2,468,822) (8,127,041)
Change in fair value of convertible promissory notes - related party (89,264) (77,038) (48,186) (81,614) (178,942) (196,947)
Change in fair value of warrant liabilities 497,000 656,040 (2,650,667) 578,176 3,228,843 (918,166)
Changes in operating assets and liabilities:            
Prepaid expenses and other current assets     113,275 71,625 1,689 76,955
Accrued expenses     392,755 128,939 155,925 145,440
Net cash used in operating activities     (263,836) (257,068) (773,847) (814,232)
Cash Flows from Investing Activities:            
Investment of cash into Trust Account     0 (1,100,000) (2,100,000) (1,800,000)
Cash withdrawn from Trust Account in connection with redemption         51,219,981 99,613,642
Net cash used in provided by investing activities     0 (1,100,000) 49,119,981 97,813,642
Cash Flows from Financing Activities:            
Proceeds from promissory note - related party     0 1,100,000 2,100,000 1,800,000
Proceeds from convertible promissory note - related party     250,000 250,000 700,000 1,000,000
Redemption of common stock         (51,219,981) (99,613,642)
Net cash used in provided by financing activities     250,000 1,350,000 (48,419,981) (96,813,642)
Net Change in Cash     (13,836) (7,068) (73,847) 185,768
Cash - Beginning of period     162,853 236,700 236,700 50,932
Cash – End of period $ 149,017 $ 229,632 149,017 229,632 162,853 236,700
Non-Cash investing and financing activities:            
Remeasurement of Class A ordinary shares subject to possible redemption     $ 466,156 $ 2,461,827 $ 4,568,822 $ 9,927,041