v3.26.1
Statement of Cash Flows
5 Months Ended
Dec. 31, 2025
USD ($)
Cash Flows from Operating Activities:  
Net income $ 550,974
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative costs through promissory note – related party 42,925
Interest earned on marketable securities held in Trust Account (700,744)
Changes in operating assets and liabilities:  
Prepaid expenses (87,983)
Long-term prepaid insurance (63,145)
Accrued expenses 15,291
Due to Sponsor 14,839
Net cash used in operating activities (227,843)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (345,000,000)
Net cash used in investing activities (345,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 339,000,000
Proceeds from sale of Private Placement Warrants 8,000,000
Repayment of promissory note - related party (194,450)
Payment of offering costs (417,212)
Net cash provided by financing activities 346,388,338
Net Change in Cash 1,160,495
Cash – Beginning of period
Cash – End of period 1,160,495
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000
Deferred offering costs paid through promissory note - related party 151,525
Deferred underwriting fee payable $ 14,700,000