XML 21 R7.htm IDEA: XBRL DOCUMENT 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