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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: | |
| Formation, general, and administrative costs paid through promissory note – related party | |
| Interest earned on cash held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Prepaid insurance | |
| Accounts payable and accrued expenses | |
| Due to related party | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activity: | |
| Investment of cash into Trust Account | |
| Net cash used in investing activity | |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Units, net of underwriting discounts paid | |
| 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 – End of Year/Period | |
| Non-cash financing activities: | |
| Deferred offering costs included in accrued offering costs | |
| Deferred offering costs paid through promissory note – related party | |
| Deferred offering costs paid through prepaid expenses | |
| Accretion of Class A ordinary shares to redemption value | |
| Deferred underwriting fee payable |
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