v3.26.3
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2025
Cash Flows from Operating Activities:          
Net income (loss) $ (28,197) $ 687,454 $ 1,335,802 $ (110,178)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
General and administrative expenses paid through promissory note – related party       12,330  
Payment of operation costs through promissory note 10,420   0    
Interest earned on marketable securities held in Trust Account 0 (1,535,419) (2,396,125) (324)  
Changes in operating assets and liabilities:          
Prepaid expenses and other current assets 0   (119,954)    
Accrued expenses 17,777   829,689 60,417  
Net cash used in operating activities 0   (350,588) (37,431)  
Cash Flows from Investing Activities:          
Investment of cash in Trust Account 0   (172,500,000)    
Net cash used in investing activities 0   (172,500,000)    
Cash Flows from Financing Activities:          
Proceeds from promissory note – related party       150,000  
Proceeds from sale of Units, net of underwriting discounts paid 0   169,050,000    
Proceeds from sale of Private Placement Units 0   2,794,650    
Underwriters reimbursement 0   2,156,250 2,156,250 $ 2,156,250
Repayment of promissory note — related party 0   (410,006)    
Payment of offering costs 0   (516,993) (106,488)  
Net cash provided by financing activities 0   173,073,901 43,512  
Net Change in Cash Equivalents 0   223,313 6,081  
Cash equivalents – Beginning of period 0   6,081 0  
Cash equivalents – End of period 0 $ 229,394 229,394 6,081 $ 6,081
Noncash investing and financing activities:          
Deferred offering costs included in accrued offering costs 48,934   208,270 401,313  
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 9,577   0 25,000  
Deferred offering costs paid through promissory note – related party 25,000   0 $ 55,183  
Prepaid services contributed by Sponsor in exchange for issuance of Class B ordinary shares 15,423   0    
Deferred underwriting fee payable $ 0   $ 12,075,000