v3.26.1
Statement of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,102,874
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash and investments held in Trust Account (1,165,636)
Payment of formation, general, and administrative costs through promissory note 46,945
Change in Fair Value of Over-allotment liability (160,600)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (64,872)
Accrued expenses 141,239
Net cash used in operating activities (100,050)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (204,193,850)
Net cash used in investing activities (204,193,850)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 202,662,396
Proceeds from sale of Private Placements Units 4,031,460
Advances from related party 7,610
Repayment of promissory note – related party (316,235)
Payment of offering costs (347,930)
Net cash provided by financing activities 206,037,301
Net Change in Cash 1,743,401
Cash – Beginning of period
Cash – End of period 1,743,401
Non-cash investing and financing activities:  
Offering costs included in accrued offering costs 75,000
Deferred offering costs paid through promissory note – related party 27,875
Accretion of Class A ordinary shares to redemption value 7,402,378
Fair value of representative shares 501,802
Over-allotment option liability 160,600
Forfeiture of Founder Shares $ 87