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FY2025
12 months to Dec 31, 2025
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|
|---|---|
| Cash Flows from Operating Activities: | |
| Net income (loss) | |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | |
| Interest earned on cash and marketable securities held in Trust Account | |
| Formation costs paid by Sponsor in exchange for issuance of Class B Shares | |
| Payment of operation costs through promissory note | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Long-term prepaid insurance | |
| Accrued expenses | |
| Advisory fee payable | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Investment of cash into Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Private Placement Units | |
| Repayment of promissory note — related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net change in cash | |
| Cash, beginning of the year | |
| Cash, end of the year | |
| Noncash investing and financing activities: | |
| Offering costs paid and excluded from accrued offering costs at initial public offering | |
| Deferred offering costs paid through promissory note - related party | |
| Deferred underwriting fee payable | |
| Forfeiture of Founder Shares |
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