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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: | |
| Interest earned on Investments held in the Trust Account | |
| Payment of general and administrative costs through promissory note – related party | |
| Change in Fair Value of Overallotment liability | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Prepaid insurance | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Investment of cash into Trust Account | |
| Cash withdrawn from Trust Account for working capital purposes | |
| 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 units | |
| Due from Sponsor | |
| 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 and cash equivalents – End of period | |
| Non-Cash investing and financing activities: | |
| Offering costs included in accrued offering costs | |
| Deferred underwriting fee payable | |
| Deferred legal fee payable |
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