ADDED
See definitions of large accelerated filer , accelerated filer , smaller reporting company , and emerging growth company in Rule 12b-2 of the Exchange Act.
(the Company ) is a blank check company incorporated as a Cayman Islands exempted corporation on April 15, 2025 .
As of September 30, 2025, the Company has not commenced any operations.
The Company will provide the Company s public shareholders with the opportunity to redeem all or a portion of their public shares upon the completion of the initial Business Combination either (i) in connection with a general meeting called to approve the initial Business Combination or (ii) without a shareholder vote by means of a tender offer.
Liquidity and Capital Resources The Company s liquidity needs up to September 30, 2025 had been satisfied through the loan under an unsecured promissory note.
At September 30, 2025, the Company had cash of $ 1,144,833 and working capital of $ 1,129,082 .
As of August 4, 2025, no such Working Capital Loans were outstanding.
Management has determined that the Company has sufficient funds to finance the working capital needs of the Company within one year from the date of issuance of the financial statement.
Use of Estimates The preparation of the unaudited condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements.
Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents.
REMOVED
See the definitions of large accelerated filer, accelerated filer, smaller reporting company, and emerging growth company in Rule 12b-2 of the Exchange Act.
Interim Financial Statements 1 Condensed Balance Sheet as of June 30, 2025 (Unaudited) 1 Condensed Statement of Operations for the period from April 15, 2025 (Inception) Through June 30, 2025 (Unaudited) 2 Condensed Statement of Changes in Shareholder s Deficit for the period from April 15, 2025 (Inception) Through June 30, 2025 (Unaudited) 3 Condensed Statement of Cash Flows for the period from April 15, 2025 (Inception) Through June 30, 2025 (Unaudited) 4 Notes to Condensed Financial Statements (Unaudited) 5 Item 2.
CONDENSED STATEMENT OF OPERATIONS FOR THE PERIOD FROM APRIL 15, 2025 (INCEPTION) THROUGH JUNE 30, 2025 (UNAUDITED) Formation, general and administrative costs $ 47,545 Loss from Operations ( 47,545 ) Net loss $ ( 47,545 ) Basic and diluted weighted average Class B ordinary shares outstanding (1) 7,333,333 Basic and diluted net loss per Class B ordinary share $ ( 0.01 ) (1) Excludes an aggregate of up to 1,100,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised by the underwriters in full (Note 5).
(the Company ) is a blank check company incorporated as a Cayman Islands exempted corporation on April 15, 2025.
As of June 30, 2025, the Company has not commenced any operations.
The ordinary shares subject to redemption were recorded at a redemption value and classified as temporary equity upon the completion of the Initial Public Offering, in accordance with Financial Accounting Standards Board ( FASB ) Accounting Standards Codification ( ASC ) Topic 480, Distinguishing Liabilities from Equity.
At June 30, 2025, the Company had no cash and working capital deficit of $ 420,227 .
As of June 30, 2025, no such Working Capital Loans were outstanding.
Management has determined that upon the consummation of the Initial Public Offering and the sale of the Private Placement Warrants, the Company has sufficient funds to finance the working capital needs of the Company within one year from the date of issuance of the unaudited condensed financial statements (see Note 9).
At August 4, 2025, the Initial Public Offering closing date, the Company had $ 1,306,160 cash and working capital of $ 1,269,265 .