ADDED
As of September 30, 2025, the Company had not commenced any operations.
All activity for the period from April 16, 2025 (inception) through September 30, 2025 relates to the Company s formation, the initial public offering (the Initial Public Offering ), which is described below, and subsequent to the Initial Public Offering, identifying a target company for a Business Combination.
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 from the Sponsor of up to $ 400,000 (the Promissory Note ).
As of September 30, 2025, the Company repaid the total outstanding balance of the Promissory Note amounting to $ 118,550 (see Note 5).
As of September 30, 2025, the Company had cash of $ 1,029,296 and working capital of $ 1,087,710 .
Certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S.
GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting.
The interim results for the three months ended September 30, 2025 and for the period from April 16, 2025 (inception) through September 30, 2025, are not necessarily indicative of the results to be expected for the year ending December 31, 2025 or for any future periods.
Use of Estimates The preparation of the unaudited condensed financial statements in conformity with U.S.
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 unaudited condensed financial statements and the reported amounts of expenses during the reporting period.
REMOVED
Interim Financial Statements 1 Condensed Balance Sheet as of June 30, 2025 (Unaudited) 1 Condensed Statement of Operations for the period from April 16, 2025 (Inception) through June 30, 2025 (Unaudited) 2 Condensed Statement of Changes in Shareholder s Deficit for the period from April 16, 2025 (Inception) through June 30, 2025 (Unaudited) 3 Condensed Statement of Cash Flows for the period from April 16, 2025 (Inception) through June 30, 2025 (Unaudited) 4 Notes to Condensed Financial Statements (Unaudited) 5 Item 2.
As such, the 750,000 Founder Shares are no longer subject to forfeiture (Note 5).
The accompanying notes are an integral part of the unaudited condensed financial statements.
CONDENSED STATEMENT OF OPERATIONS FOR THE PERIOD FROM APRIL 16, 2025 (INCEPTION) THROUGH JUNE 30, 2025 (UNAUDITED) General and administrative costs $ 46,768 Loss from operations ( 46,768 ) Net loss $ ( 46,768 ) Basic and diluted weighted average Class B ordinary shares outstanding (1) 5,000,000 Basic and diluted net loss per Class B ordinary share $ ( 0.01 ) (1) Excludes up to 750,000 Class B ordinary shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters.
As such, the 750,000 Founder Shares are no longer subject to forfeiture (Note 5).
The accompanying notes are an integral part of the unaudited condensed financial statements.
As such, the 750,000 Founder Shares are no longer subject to forfeiture (Note 5).
The accompanying notes are an integral part of the unaudited condensed financial statements.
As of June 30, 2025, the Company had not commenced any operations.
All activity for the period from April 16, 2025 (inception) through June 30, 2025 relates to the Company s formation and the initial public offering (the Initial Public Offering ), which is described below.