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v3.26.1

STATEMENT OF CASH FLOWS | 12 Months Ended
--- | ---
Dec. 31, 2025 USD ($)
Cash Flows from Operating Activities: |
Net income | $ 3,373,817
Adjustments to reconcile net income to net cash used in operating activities: |
Operational expenses paid by Sponsor in exchange for issuance of Class B Ordinary Shares | 10,420
Payment of operating costs through IPO Promissory Note | 34,919
Interest earned on marketable securities held in Trust Account | (3,867,836)
Gain on expiration of Over-Allotment Option liability | (159,084)
Changes in operating assets and liabilities: |
Prepaid expenses | (91,203)
Due to Sponsor | 81
Long-term prepaid insurance | (30,766)
Accounts payable | 10,207
Net cash used in operating activities | (719,445)
Cash Flows from Investing Activities: |
Investment of cash into Trust Account | (150,000,000)
Net cash used in investing activities | (150,000,000)
Cash Flows from Financing Activities: |
Proceeds from sale of Public Units, net of underwriting discounts paid | 147,000,000
Proceeds from sale of Private Placement Units | 5,000,000
Repayment of IPO Promissory Note - related party | (108,352)
Payment of offering costs | (394,500)
Net cash provided by financing activities | 151,497,148
Net Change in Cash | 777,703
Cash - Beginning of period | 0
Cash - End of period | 777,703
Non-Cash investing and financing activities: |
Offering costs included in accrued offering costs | 85,000
Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares | 25,000
Deferred offering costs paid through IPO Promissory Note - related party | 73,433
Deferred Fee payable | 6,000,000
Forfeiture of Founder Shares | $ 75

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