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FY2025
12 months to Dec 31, 2025
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|---|---|
| Cash Flows from Operating Activities: | |
| Net income (loss) | |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | |
| General and administrative expenses paid by Sponsor under IPO Promissory Note – related party | |
| Income on investments in Trust Account | |
| Changes in operating assets and liabilities: | |
| Due to related party | |
| Prepaid expenses - current | |
| Prepaid expenses – non-current | |
| Accounts payable | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Investment of cash in Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Units | |
| Proceeds from sale of Private Placement Warrants | |
| Payment of underwriting fees | |
| Proceeds from IPO Promissory Note – related party | |
| Payment of IPO Promissory Note – related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net change in Cash | |
| Cash – End of period | |
| Non-Cash Investing and Financing Activities: | |
| Deferred offering costs contributed by Sponsor through IPO Promissory Note – related party | |
| Deferred Fee |
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