v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Cash Flows from Operating Activities:        
Net income     $ 6,156,096 $ 2,660,637
Adjustments to reconcile net income to net cash used in operating activities:        
Formation, general and administrative costs paid by Sponsor under promissory note - related party       101,708
Income earned on cash and marketable securities held in Trust Account $ (2,375,101) $ (2,715,577) (6,949,725) (3,272,459)
Changes in operating assets and liabilities:        
Prepaid expenses     59,939 (127,576)
Accounts payable     23,241 35,256
Advisory fee payable - related party     30,000  
Accrued expenses     76,235 189,275
Administrative support fee - related party       36,333
Due to related party     8,646 8,905
Net cash used in operating activities     (595,568) (367,921)
Cash Flows from Investing Activities:        
Investment in Trust Account       (253,000,000)
Net cash used in investing activities       (253,000,000)
Cash Flows from Financing Activities:        
Proceeds from working capital note - related party     750,000  
Proceeds from issuance of Class A ordinary shares       253,000,000
Proceeds from sale of private placement units       6,830,000
Payment of underwriting fees and reimbursements       (5,135,000)
Payment of promissory note - related party       (283,472)
Excess proceeds from sale of private placement units       12,360
Payment of deferred offering costs       (296,738)
Net cash provided by financing activities     750,000 254,127,150
Net Change in Cash     154,432 759,229
Cash - Beginning of period     0 0
Cash - End of period 154,432 759,229 154,432 759,229
Supplemental Non-Cash Investing and Financing Activities:        
Initial fair value of Class A ordinary shares subject to possible redemption       235,239,792
Remeasurement of Class A ordinary shares subject to possible redemption $ 2,375,101 $ 2,715,578 $ 6,949,725 21,032,667
Deferred offering costs included in accrued offering costs       133,351
Prepaid expenses paid by Sponsor under promissory note - related party       $ 5,833