v3.26.3
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2026
Cash Flows from Operating Activities:    
Net income $ 941,404 $ 5,373,223
Adjustments to reconcile net income to net cash used in operating activities:    
Payment of operating expenses through issuance of Class B ordinary shares 25,000 0
Payment of general and administrative costs through promissory note - related party 2,550 0
Compensation expense 154,700 0
Interest earned on marketable securities held in Trust Account (1,311,175) (6,243,874)
Changes in operating assets and liabilities:    
Prepaid expenses (136,704) 3,582
Long-term prepaid insurance (82,325) 58,548
Accounts payable and accrued expenses 28,290 385,763
Net cash used in operating activities (378,260) (422,758)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (230,000,000) 0
Net cash used in investing activities (230,000,000) 0
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 225,400,000 0
Proceeds from sale of Private Placement Units 6,600,000 0
Consideration paid by directors in exchange for the assignment of Sponsor’s membership interest in Founder Shares 340 0
Due from Sponsor (25,000) 25,000
Proceeds from promissory note - related party 116,000 0
Repayment of promissory note - related party (118,550) 0
Payment of offering costs (565,234) (75,000)
Net cash (used in) provided by financing activities 231,407,556 (50,000)
Net Change in Cash 1,029,296 (472,758)
Cash - beginning of period 0 900,356
Cash - end of period 1,029,296 427,598
Non-cash investing and financing activities:    
Offering costs included in accrued offering costs 75,000 0
Deferred underwriting fee $ 9,200,000 $ 0