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FY2025
12 months to Dec 31, 2025
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|---|---|
| Cash Flows from Operating Activities: | |
| Net income (loss) | |
| Adjustments to reconcile net cash used in operating activities: | |
| Formation and operating costs paid by Sponsor | |
| Interest earned on cash held in Trust Account | |
| Amortization of prepaid expenses | |
| Prepaid expenses | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Investment of cash in trust account | |
| Net cash used in investing activity | |
| Cash Flows from Financing Activities: | |
| Proceeds from promissory note payable - related party | |
| Repayment of promissory note payable - related party | |
| Proceeds from sale of public units through public offerings, net of underwriters’ discount | |
| Proceeds from ordinary shares issued in private placement | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net change in cash | |
| Cash at End of the year/period | |
| Supplemental Disclosure of Non-cash Information | |
| Issuance of representative shares | |
| Initial classification of ordinary shares subject to possible redemption | |
| Allocation of offering costs to ordinary shares subject to possible redemption | |
| Accretion of carrying value to redemption value | |
| Deferred offering costs paid by Sponsor in exchange for the issuance of ordinary shares | |
| Deferred offering cost paid by Sponsor |
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