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FY2025
12 months to Nov 30, 2025
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|
|---|---|
| Cash Flows from Operating Activities: | |
| Net income (loss) | |
| Interest earned on short-term investment | |
| Interest earned on investments held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accrued administrative expense | |
| Due from related party | |
| Accounts payable and accrued expenses | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Purchase of short-term investment | |
| Proceeds from sale of short-term investment | |
| Purchase of investments held in Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of public units | |
| Proceeds from sale of Private Placements units | |
| Payment of underwriter fees | |
| Repayment of promissory note – related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net Changes in Cash | |
| Cash – Beginning of period | |
| Cash – End of period | |
| Supplemental Disclosure of Non-cash Financing Activities: | |
| Accretion of additional paid in capital to accumulated deficit | |
| Issuance of Public Rights net of issuance costs of $100,320 | |
| Remeasurement of carrying value to redemption value | |
| Deferred underwriting fee payable |
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