v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
8 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2025
Cash Flows from Operating Activities:    
Net loss $ (22,683) $ (1,388,538)
Adjustments to reconcile net loss to net cash used in operating activities:    
Dividend earned on marketable securities held in Trust Account (4,513,958)
Compensation expense 2,581,854
Adjustment to accrued offering costs (5,000)
Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares 5,788
Formation costs paid via advance from related party 187
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 3,404 (206,601)
Long Term prepaid insurance (95,471)
Accrued expenses 13,304 248,350
Deferred legal fee 2,352,109
Net cash used in operating activities (1,027,255)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 248,600,000
Proceeds from sale of Private Placement Units 7,400,000
Proceeds from promissory note – related party 45,875
Repayment of promissory note – related party (184,282)
Advances from related party 60,307
Payment of offering costs (624,199)
Net cash provided by financing activities 255,297,701
Net Change in Cash 1,270,446
Cash – Beginning of period
Cash – End of period 1,270,446
Non-Cash investing and financing activities:    
Offering costs included in accrued offering costs 79,919 75,000
Offering costs included in deferred legal fees 34,989
Deferred offering costs paid through promissory note – related party 5,866
Prepaid services contributed by Sponsor through promissory note - related party 5,844
Accretion of Class A ordinary shares to redemption value 28,411,914
Deferred underwriting fee payable 12,045,000
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 9,000
Prepaid expenses paid by Sponsor in exchange for issuance of Class B ordinary shares $ 10,212