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Statement of Cash Flows (Unaudited)
4 Months Ended
Sep. 30, 2024
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES  
Net loss $ (91,197)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on investments held in Trust Account (56,234)
Changes in operating assets and liabilities:  
Accrued offering costs 65,000
Accrued expenses 29,250
Prepaid expense (205,421)
CASH USED IN OPERATING ACTIVITIES (258,602)
CASH FLOWS FROM INVESTING ACTIVITIES  
Investment of cash in Trust Account (60,000,000)
CASH USED IN INVESTING ACTIVITIES (60,000,000)
CASH FLOWS FROM FINANCING ACTIVITIES  
Proceeds from issuance of EBC Founders Share 1,450
Proceeds from initial public offering 60,000,000
Proceeds from private placement 2,300,000
Payment of underwriter’s discount (1,200,000)
Borrowings from related party 261,317
Repayment of borrowings from related party (261,317)
Payment of offering costs (266,978)
CASH PROVIDED BY FINANCING ACTIVITIES 60,834,472
NET INCREASE IN CASH 575,870
CASH AT BEGINNING OF THE PERIOD
CASH AT PERIOD END 575,870
Supplemental disclosure of cash flow information:  
Issuance of founder shares in exchange for deferred offering costs 25,000
Fair value of EBC Founder Shares charged to deferred offering costs 130,550
Allocation of offering costs to ordinary shares subject to redemption 3,974,257
Allocation of offering costs to ordinary shares subject to possible redemption 3,722,527
Initial classification of ordinary shares subject to redemption to temporary equity 59,280,000
Accretion of additional paid in capital to accumulated deficit 4,694,257
Accretion of subsequent measurement of ordinary shares subject to possible redemption $ 56,234