v3.26.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 1,471,027 $ 1,092,055
Prepaid expenses 3,757 11,023
Prepaid insurance 90,000 90,000
Total Current Assets 1,576,479 1,204,773
Non-current Assets    
Long-term prepaid insurance 22,500 45,000
Investments held in the Trust Account 472,820,666 469,017,981
Total Assets 474,419,645 470,267,754
Current liabilities:    
Accrued offering costs 75,000 75,000
Accrued expenses 189,756 77,214
Total Current Liabilities 264,756 152,214
Non-current Liabilities:    
Deferred legal fees 1,032,104 879,200
Deferred underwriting fee payable 17,100,000 17,100,000
Total Liabilities 18,396,860 18,131,414
Commitments and Contingencies (Note 6)
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; 0 shares issued or outstanding as of March 31, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (16,299,125) (16,382,885)
Total Shareholders’ Deficit (16,297,881) (16,381,641)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 474,419,645 470,267,754
Class A Ordinary Shares    
Non-current Liabilities:    
Class A ordinary shares subject to possible redemption, 46,000,000 shares at a redemption value of $10.27 and $10.19 per share as of March 31, 2026 and December 31, 2025, respectively 472,320,666 468,517,981
Shareholders’ Deficit:    
Ordinary shares, value 95 95
Class B Ordinary Shares    
Shareholders’ Deficit:    
Ordinary shares, value 1,149 1,149
Related Party    
Current assets    
Due from related Party $ 11,695 $ 11,695