|
FY2025
12 months to Dec 31, 2025
|
FY2024
7 months to Dec 31, 2024
|
|
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| General and administrative expenses paid by Sponsor in exchange for issuance of Founder Shares | ||
| Nonrelated Party | ||
| Related Party | ||
| Total general and administrative expenses paid by Sponsor in exchange for issuance of Founder Shares | ||
| Interest earned on cash held in Trust Account | ||
| General and administrative expenses paid through promissory note – related party | ||
| Related Party | ||
| Total general and administrative expenses paid through promissory note – related party | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Accrued expenses | ||
| Prepaid insurance | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Investment of cash in Trust Account | ||
| Net cash used in investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from sale of Units, net of underwriting discounts paid | ||
| Proceeds from sale of Private Placement Units | ||
| Repayment of due to related party | ||
| Proceeds from promissory note - related party | ||
| Repayment of promissory note – related party | ||
| Payment of offering costs | ||
| Net cash provided by financing activities | ||
| Net Change in Cash | ||
| Cash – Beginning of period | ||
| Cash – End of period | ||
| Non-Cash investing and financing activities: | ||
| Offering costs included in accrued offering costs | ||
| Offering costs paid by Sponsor in exchange for the issuance of Founder Shares | ||
| Offering costs paid through promissory note - related party | ||
| Deferred underwriting fee payable |
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