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FY2025
9 months to Dec 31, 2025
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|---|---|
| Cash Flows from Operating Activities: | |
| Net income | |
| Adjustments to reconcile net income to net cash used in operating activities: | |
| Payment of operating costs through promissory note | |
| Interest earned on marketable securities held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Prepaid insurance | |
| Advisory fee payable - non-current | |
| 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 sale of Units, net of underwriting discounts paid | |
| Proceeds from sale of Private Placements Warrants | |
| Repayment of promissory note - related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net change in cash and cash equivalents | |
| Cash and cash equivalents – End of year | |
| Noncash investing and financing activities: | |
| Offering costs included in accrued offering costs | |
| Deferred offering costs paid through promissory note – related party | |
| Prepaid services contributed by Sponsor through promissory note - related party | |
| Deferred offering costs applied against a prepaid expense paid by Sponsor in exchange for issuance of Class B ordinary shares | |
| Deferred underwriting fee payable |
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