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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 marketable securities held in Trust Account | |
| Payment of operating costs through promissory note | |
| Payment of operating costs through advances from related party | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accounts payable and accrued expenses | |
| 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 Warrants | |
| Repayment of advances from 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 | |
| Issuance of Class A Representative Shares | |
| Accretion of Class A ordinary shares to redemption value | |
| Deferred underwriting fee payable |
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