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FY2025
9 months to Dec 31, 2025
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|---|---|
| Cash flows from operating activities: | |
| Net income | |
| Adjustments to reconcile net income to net cash used in operating activities: | |
| Interest income on trust account | |
| Payment of expenses through promissory note – related party | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Investment of cash in Trust Account | |
| Net cash provided by investing activities | |
| Proceeds from issuance of Class B ordinary shares to Sponsor | |
| Proceeds from sale of Units, net of underwriting discount paid | |
| Proceeds from sale of private placement units | |
| Repayment of promissory note | |
| Payment of offering costs | |
| Net cash used in financing activities | |
| Net change in cash | |
| Cash at the end of the period | |
| Supplemental disclosure of non-cash investing and financing activities: | |
| Forfeiture of founder shares | |
| Re-measurement of ordinary shares subject to redemption | |
| Issuance of representative shares |
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