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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: | |
| General and administrative expenses paid by related party | |
| Interest income on investments held in the Trust Account | |
| Changes in operating assets and liabilities: | |
| Deferred offering costs | |
| Prepaid expenses | |
| Other assets | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Cash flows from investing activities: | |
| Purchase of available-for-sale debt securities held in Trust Account | |
| Net cash used in investing activities | |
| Cash flows from financing activities: | |
| Proceeds received from private placement | |
| Offering costs paid | |
| Deferred offering costs paid by related party | |
| Proceeds from Notes payable – related party | |
| Payment on Notes payable – related party | |
| Payment on payable to related party | |
| Net cash provided by financing activities | |
| Net change in Cash | |
| Cash – end of the period |
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