ADDED
As of September 30, 2025, the Company had not commenced any operations.
Liquidity, Capital Resources and Going Concern As of September 30, 2025, the Company had $ 711,443 cash and working capital of $ 840,390 .
In connection with the Company s assessment of going concern considerations in accordance with Accounting Standards Codification ( ASC ) 205-40 Going Concern, management has determined that the Company s liquidity condition and the liquidation date raise substantial doubt about the Company s ability to continue as a going concern.
In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company s officers and directors may, but are not obligated to, loan the Company Working Capital Loans (see Note 5).
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 condensed financial statements.
The Company had $ 711,443 and $0 in cash as of September 30, 2025 and December 31, 2024, respectively.
Investments Held in Trust Account As of September 30, 2025, the assets held in the Trust Account, amounting to $ 297,010,957 , were held in U.S.
For the three and nine months ended September 30, 2025, the Company incurred and paid $ 75,000 and $ 200,000 of administrative services fees, respectively.
For the period from July 2, 2024 (inception) through September 30, 2025, the Company did not incur any fees for these services.
At September 30, 2025, assets held in the Trust Account were comprised of $ 297,010,957 in U.S.
REMOVED
Financial Statements 1 Condensed Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024 1 Condensed Statements of Operations for the three and six months ended June 30, 2025 (Unaudited) 2 Condensed Statements of Changes in Shareholders Deficit for the three and six months ended June 30, 2025 (Unaudited) 3 Condensed Statement of Cash Flows for the six months ended June 30, 2025 (Unaudited) 4 Notes to Condensed Financial Statements (Unaudited) 5 Item 2.
As of June 30, 2025, the Company had not commenced any operations.
Liquidity and Capital Resources As of June 30, 2025, the Company had $ 836,239 cash and working capital of $ 1,018,355 .
In connection with the Company s assessment of going concern considerations in accordance with Accounting Standards Codification ( ASC ) 205-40 Going Concern, and through the consummation of the Initial Public Offering, the Company has sufficient funds for the working capital needs of the Company until a minimum of one year from the date of issuance of these unaudited condensed financial statements.
The Company cannot be assured that its plans to consummate a Business Combination will be successful.
The Company does not believe it will need to raise additional funds in order to meet the expenditures required for operating its business.
However, if the estimate of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination are less than the actual amount necessary to do so, the Company may have insufficient funds available to operate its business prior to the initial Business Combination.
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 condensed financial statements.
The Company had $ 836,239 and $0 in cash as of June 30, 2025 and December 31, 2024, respectively.