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Balance sheet

In millions of USD, except per-share amounts
May 2026
As of May 31, 2026
Feb 2026
As of Feb 28, 2026
Nov 2025
As of Nov 30, 2025
Current assets:
Cash
Cash
Prepaid expenses
Deferred offering costs
Total current assets
Investments held in Trust Account
Total assets
Accounts payable and accrued expenses
Notes payable to shareholder
Deferred underwriting commissions
Total liabilities
Ordinary shares subject to possible redemption, $0.0001 par value; 200,000,000 shares authorized; 23,000,000 at redemption value at $10.10 per share as of May 31, 2026
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 8,266,667 shares issued and outstanding (excluding 23,000,000 shares subject to possible redemption) issued and outstanding as of May 31, 2026
Additional paid-in capital
Accumulated deficit
Total shareholders’ deficit
Total Liabilities, Ordinary Shares Subject to Redemption and Shareholders’ Deficit

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