|
FY2025
12 months to Dec 31, 2025
|
FY2024
12 months to Dec 31, 2024
|
FY2023
10 months to Dec 31, 2023
|
|
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net income (loss) | |||
| Adjustments to reconcile net income to net cash used in operating activities: | |||
| Income earned on investments held in Trust Account | |||
| Accrued expenses | |||
| Payable to Target | |||
| Prepaid expenses | |||
| Due to related party | |||
| Net cash used in operating activities | |||
| Cash flows from investing activities: | |||
| Investment held in Trust Account | |||
| Cash withdrawn from trust account in connection with redemption | |||
| Principal deposited into trust account in connection with extension | |||
| Cash deposited into trust account in connection with extension | |||
| Cash deposited escrow account | |||
| Net cash provided by investing activities | |||
| Cash flows from financing activities: | |||
| Proceeds from initial public offering | |||
| Proceeds from private placement | |||
| Proceeds from unit purchase option | |||
| Payments of underwriter’s discount | |||
| Payments to related party | |||
| Payment of offering costs | |||
| Proceeds from promissory notes | |||
| Net cash used in financing activities | |||
| Net change in cash | |||
| Cash at beginning of period | |||
| Cash at end of period | |||
| Supplemental disclosure of noncash investing and financing activities | |||
| Subsequent measurement of ordinary shares subject to possible redemption (income earned on trust account) | |||
| Deferred underwriting commission | |||
| Offering costs paid by Sponsor in exchange for issuance of ordinary shares | |||
| Deferred offering costs paid by Sponsors in exchange for issuance of ordinary shares | |||
| Offering costs adjusted from prepaid expenses | |||
| Offering costs charged to Additional Paid-in Capital | |||
| Reclassification of ordinary shares subject to redemption | |||
| Allocation of offering costs to ordinary shares subject to redemption | |||
| Remeasurement adjustment on ordinary shares subject to possible redemption |
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