v3.26.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash $ 912,829 $ 1,160,495
Prepaid expenses 142,944 87,983
Total current assets 1,055,773 1,248,478
Long-term prepaid insurance 46,270 63,145
Cash and marketable securities held in Trust Account 348,754,061 345,700,744
TOTAL ASSETS 349,856,104 347,012,367
Current liabilities    
Accrued expense 36,459 15,291
Accrued offering costs 75,000 75,000
Due to Sponsor 44,839 14,839
Total current liabilities 156,298 105,130
Deferred underwriting fee payable 14,700,000 14,700,000
Total Liabilities 14,856,298 14,805,130
Commitments (Note 6)
Class A ordinary shares subject to possible redemption, $0.001 par value; 34,500,000 shares at a redemption value of $10.11 and $10.02 per share at March 31, 2026 and December 31, 2025, respectively 348,754,061 345,700,744
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at March 31, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (13,755,118) (13,494,370)
Total Shareholders’ Deficit (13,754,255) (13,493,507)
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS’ DEFICIT 349,856,104 347,012,367
Class A Ordinary Shares    
Shareholders’ Deficit    
Common stock value
Class B Ordinary Shares    
Shareholders’ Deficit    
Common stock value $ 863 $ 863