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FY2025
6 months to Dec 31, 2025
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|---|---|
| Cash Flows from Operating Activities: | |
| Net loss | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| General and administrative expenses paid through promissory note – related party | |
| Changes in operating assets and liabilities: | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from promissory note – related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net Change in Cash Equivalents | |
| Cash equivalents – End of period | |
| Noncash investing and financing activities: | |
| Deferred offering costs included in accrued offering costs | |
| Deferred offering costs paid through promissory note – related party | |
| Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares |
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