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FY2025
6 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 IPO Promissory Note | |
| Interest earned on marketable securities held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Long Term prepaid insurance | |
| 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, net of Underwriting Fee | |
| Proceeds from sale of Private Placement Units | |
| Underwriters’ reimbursement | |
| Proceeds from 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: | |
| Offering costs included in accrued offering costs | |
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B Ordinary Shares | |
| Deferred offering costs paid through IPO Promissory Note – related party |
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