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FY2025
9 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: | |
| Formation, general and administrative costs paid by Sponsor under promissory note – related party | |
| Formation, general and administrative costs paid by Sponsor in exchange for issuance of Class B ordinary shares | |
| Income on cash and cash equivalents in Trust Account | |
| Changes in operating assets and liabilities: | |
| Due to related party | |
| Prepaid expenses | |
| Accrued expenses | |
| Accounts payable | |
| 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 Private Placement Units | |
| Payment of underwriting fee, net | |
| Payment of promissory note – related party | |
| Proceeds from promissory note – related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net change in cash and cash equivalents | |
| Cash and cash equivalents – beginning of period | |
| Cash and cash equivalents – end of period | |
| Non-Cash Investing and Financing Activities: | |
| Deferred offering costs paid through promissory note – related party | |
| Deferred underwriting commissions |
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