|
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: | ||
| Operating costs paid through promissory note | ||
| Payment of operating costs through promissory note | ||
| Share issuance expense | ||
| Interest earned on cash and investments held in Trust Account | ||
| Changes in operating assets and liabilities: | ||
| Accrued expenses | ||
| Prepaid expenses | ||
| Accounts payable and accrued expenses | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Investment of cash into Trust Account | ||
| Net cash used in investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from issuance of Founder shares | ||
| Proceeds from sale of Units, net of underwriting discounts paid | ||
| Proceeds from issuance of Class B ordinary shares to Sponsor | ||
| Proceeds from promissory note - related party | ||
| Expenses paid by Sponsor under share subscription receivable | ||
| 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 | ||
| Supplemental disclosure of cash flow information: | ||
| Share subscription receivable | ||
| Offering costs included in equity | ||
| Offering costs included in accrued offering costs | ||
| Deferred offering costs paid through promissory note – related party | ||
| Accretion and remeasurement of redeemable ordinary shares to redemption value | ||
| Deferred underwriting fee payable | ||
| Offering costs paid via prepaid expense | ||
| Prepaid services contributed by Sponsor through promissory note – related party |
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