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Balance sheets

In millions of USD, except per-share amounts
Q2 FY2026
As of Jun 30, 2026
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Assets
Current assets
Cash
Due from Sponsor
Prepaid expenses
Total current assets
Long-term prepaid insurance
Cash held in Trust Account
Total Assets
Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit
Current liabilities
Accrued offering costs
Advance from related party
Due to related party
Accrued expenses
Promissory note - related party
Total current liabilities
Deferred underwriting fee
Total Liabilities
Class A ordinary shares subject to possible redemption, 8,409,633 and 23,000,000 shares at redemption value of approximately $10.87 and $10.68 per share as of June 30, 2026 and December 31, 2025, respectively
Class A shares subject to possible redemption
Total class A ordinary shares subject to possible redemption, 8,409,633 and 23,000,000 shares at redemption value of approximately $10.87 and $10.68 per share as of June 30, 2026 and December 31, 2025, respectively
Shareholders' Deficit
Ordinary shares, Value
Accumulated deficit
Total Shareholders' Deficit
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit

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