XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net income $ 8,997,926 $ 5,367,368
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (9,465,640) (5,747,982)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 48,586 (332,944)
Due from Sponsor (5,254)
Long-term prepaid insurance 61,667
Accrued expenses (20,342) 158,775
Net cash used in operating activities (383,057) (554,783)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (287,500,000)
Net cash used in investing activities (287,500,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 282,500,000
Proceeds from sale of Private Placements Warrants 7,000,000
Proceeds from promissory note - related party 200,000
Advances from related party 44,938
Repayment of promissory note - related party (428,182)
Payment of offering costs (704,736)
Net cash provided by financing activities 44,938 288,567,082
Net Change in Cash (338,119) 512,299
Cash – beginning of the period 483,572 1,208
Cash – end of the period 145,453 513,507
Non-cash investing and financing activities:    
Deferred underwriting fee payable 13,687,500
Deferred legal fees $ 350,000