|
FY2025
12 months to Dec 31, 2025
|
FY2024
10 months to Dec 31, 2024
|
|
|---|---|---|
| Cash flows from operating activities: | ||
| Net income | ||
| Adjustments to reconcile net income to net cash used in operating activities | ||
| Interest income earned in investments held in Trust Account | ||
| Change in operating assets and liabilities | ||
| Prepaid expense | ||
| Accrued liabilities | ||
| Net cash used in operating activities | ||
| Cash flows from investing activities: | ||
| Proceeds deposited in Trust Account | ||
| Net cash provided by (used in) investing activities | ||
| Cash flows from financing activities: | ||
| Redemption of ordinary shares | ||
| Advance from related party | ||
| Proceeds from public offering, net of offering costs | ||
| Proceeds from private placement | ||
| Proceeds from promissory note – related party | ||
| Repayment of promissory note – related party | ||
| Net cash (used in) provided by financing activities | ||
| NET CHANGE IN CASH | ||
| CASH, BEGINNING OF YEAR/PERIOD | ||
| CASH, END OF YEAR/PERIOD | ||
| Non-cash investing and financing activities | ||
| Issuance of representative shares | ||
| Initial classification of ordinary shares subject to possible redemption | ||
| Allocation of carrying value to redemption value | ||
| Subsequent remeasurement of ordinary shares subject to redemption | ||
| Capital contribution paid by a related party |
Loading...
