|
FY2025
12 months to Dec 31, 2025
|
|
|---|---|
| Cash Flows from Operating Activities: | |
| Net income (loss) | |
| Adjustments to reconcile net income (loss) to net cash used in operating activities | |
| Stock compensation expense | |
| Interest and dividend earned on investments held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Due to related parties | |
| Accounts payable and accrued expenses | |
| Net Cash Used in Operating Activities | |
| Cash Flows from Investing Activity: | |
| Purchase of investments held in trust account | |
| Net Cash Used in investing Activity | |
| Cash Flows from Financing Activities: | |
| Proceeds from public offering | |
| Proceeds from private placement | |
| Proceeds from promissory note - related party | |
| Payment of promissory note - related party | |
| Proceeds from working capital loan - related party | |
| Payment of underwriter discount | |
| Payment of deferred offering costs | |
| Net Cash Provided by Financing Activities | |
| Net Change in Cash | |
| Cash, beginning of period | |
| Cash, end of period | |
| Supplemental Disclosure of Noncash Activities: | |
| Deferred underwriting commission payable | |
| Capital contribution through repayment of promissory notes | |
| Issuance of representative shares | |
| Conversion of Class B shares to Class A shares | |
| Initial measurement of carrying value to redemption value | |
| Remeasurement of carrying value to redemption value | |
| Related parties debt forgiveness | |
| Conversion of promissory note - related party to working capital loan - related party |
Loading...
