v3.25.3
Condensed Statements of Cash Flows (Unaudited) - USD ($)
7 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 1,960,642 $ 4,606,168
Adjustments to reconcile net income to net cash used in operating activities:    
Formation costs paid by Original Sponsor in exchange for issuance of Class B ordinary shares 5,454
General and administrative costs paid through advance from related party 44,020
Payment of general and administrative costs through promissory note 51,898
Payment of general and administrative costs through advance from related party 24,440
Interest earned on investments held in Trust Account (2,305,244) (9,331,539)
Changes in operating assets and liabilities:    
Other assets (41,250) 41,250
Prepaid expenses (163,972) 90,235
Long-term prepaid expense (168,370)
Due from related party (527)
Accrued expenses 219,241 4,060,675
Net cash used in operating activities (449,479) (457,400)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (288,937,500)
Net cash used in investing activities (288,937,500)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 282,500,000
Proceeds from sale of Private Placements Warrants 8,337,500
Payment of offering costs (516,234) (250,000)
Repayment of advances from related party (430,655)
Proceeds from promissory note – related party 2,000,000
Net cash provided by financing activities 290,321,266 1,319,345
Net Change in Cash 934,287 861,946
Cash – Beginning of period 821,188
Cash – End of period 934,287 1,683,134
Noncash investing and financing activities:    
Deferred offering costs included in accrued offering costs 309,691
Deferred offering costs paid through advance from related party 161,525
Deferred offering costs paid by Original Sponsor in exchange for issuance of Class B ordinary shares 19,546
Prepaid expenses paid by related party 75,000
Deferred underwriting fee payable $ 13,400,000