v3.26.1
Statement of Cash Flows
6 Months Ended
Dec. 31, 2025
USD ($)
Cash Flows from Operating Activities:  
Net Income (Loss) $ 89,649
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of general and administrative costs through promissory note – related party 42,900
Interest earned on cash and marketable securities held in Trust Account (238,674)
Changes in operating assets and liabilities:  
Prepaid expenses (21,333)
Long term prepaid insurance (130,229)
Accrued expenses 4,617
Net cash used in operating activities (253,070)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (172,500,000)
Net cash used in investing activities (172,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 169,500,000
Proceeds from sale of Private Placement Units 4,500,000
Proceeds from promissory note - related party 249,101
Repayment of promissory note - related party (300,000)
Payment of offering costs (502,470)
Net cash provided by financing activities 173,446,631
Net Change in Cash 693,561
Cash – Beginning of period
Cash – End of period 693,561
Noncash investing and financing activities:  
Offering costs included in accrued offering costs 110,000
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000
Deferred underwriting fee payable $ 7,350,000