v3.26.3
Statement of Cash Flows - USD ($)
1 Months Ended 6 Months Ended
Dec. 31, 2025
Jun. 30, 2026
Cash Flows from Operating Activities:    
Net Income (Loss) $ (24,486) $ (8,381,997)
Adjustments to reconcile net loss to net cash used in operating activities:    
Transaction costs allocable to derivative liabilities – Private Placement Warrants   23,338
Interest earned on cash and marketable securities held in Trust Account   (2,582,684)
Loss on change in fair value of derivative liabilities – Private Placement Warrants   9,498,443
Fair value of warrant liability in excess of purchase price of Private Placement Warrants   714,753
Changes in operating assets and liabilities:    
Prepaid expenses (40,750) 20,067
Prepaid insurance   (145,833)
Accounts payable and accrued expenses   44,974
Accrued expenses 12,067  
Deferred legal fee   358,797
Net cash used in operating activities (53,169) (450,142)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account   (230,000,000)
Net cash used in investing activities   (230,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid   225,400,000
Proceeds from sale of Private Placement Warrants   7,300,000
Proceeds from issuance of ordinary shares to Sponsor 25,000  
Proceeds from promissory note – related party 150,000 50,000
Payment of offering costs   (566,245)
Net cash provided by financing activities 175,000 232,183,755
Net Change in Cash 121,831 1,733,613
Cash - Beginning of the period 0 121,831
Cash - End of the period 121,831 1,855,444
Non-cash investing and financing activities:    
Offering costs included in accrued offering costs   101,504
Remeasurement of Class A ordinary shares to redemption value   23,979,041
Deferred underwriting fee payable   9,200,000
Deferred legal fee payable   289,549
Conversion of advances and short-term promissory notes to Working Capital Loans – related party   $ 200,000
Deferred offering costs included in accrued offering costs $ 64,171