|
FY2025
12 months to Dec 31, 2025
|
FY2024
12 months to Dec 31, 2024
|
|
|---|---|---|
| Net income | ||
| Dividend income earned in cash and investments held in trust account | ||
| Change in operating assets and liabilities: | ||
| Prepayments | ||
| Accrued expenses | ||
| Net cash used in operating activities | ||
| Cash flows from investing activities: | ||
| Cash withdrawn from Trust Account in connection to redemption | ||
| Proceeds deposited in Trust Account | ||
| Net cash provided by (used in) investing activities | ||
| Gross proceeds | ||
| Proceeds from private placement | ||
| Capital contribution paid | ||
| Proceeds from promissory note - related party | ||
| Repayment to related party under promissory note | ||
| Advance from related party | ||
| Redemption of ordinary shares | ||
| Advance from sponsor | ||
| Net cash (used in) provided by financing activities | ||
| NET CHANGE IN CASH | ||
| CASH, BEGINNING OF PERIOD | ||
| CASH, END OF PERIOD | ||
| Deferred offering costs paid by related party | ||
| 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 | ||
| Subsequent remeasurement of ordinary shares subject to possible redemption | ||
| Accrued underwriting compensation | ||
| Non-cash investing and financing activities | ||
| Deferred offering costs paid by related party | ||
| 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 | ||
| Subsequent remeasurement of ordinary shares subject to possible redemption | ||
| Accrued underwriting compensation |
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