ADDED
As of September 30, 2025, the Company had not commenced any operations.
The Company generates non-operating income in the form of interest income on investments from the proceeds derived from the Initial Public Offering.
As of September 30, 2025, the Company had cash of $ 934,755 and a working capital of $ 1,002,004 .
As of September 30, 2025 and December 31, 2024, the Company had $ 934,755 and $ 0 in cash, respectively, and no cash equivalents.
Unrealized gains and losses resulting from the change in fair value of investments held in the Trust Account are included in interest earned on investments held in the Trust Account in the Company s statements of operations.
Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $ 250,000 .
On July 8, 2025, the Company announced that, commencing on July 11, 2025, the holders of the Units issued in its initial public offering, may elect to separately trade the Shares and Rights included in the Units.
The Shares and the Rights are listed and trade on the Nasdaq Global Market under the symbols OYSE and OYSER, respectively.
For the three and nine months ended September 30, 2025, the Company incurred and paid $ 30,000 and $ 50,000 , respectively, in fees for these services.
For the three and nine months ended September 30, 2025, the Company incurred and paid $ 7,500 and $ 12,500 , respectively, in fees for these services.
REMOVED
As of March 31, 2025, the Company had not selected any specific Business Combination target and the Company had not, nor had anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business Combination target with respect to an initial Business Combination with the Company.
As of June 30, 2025, the Company had not commenced any operations.
The Company will generate non-operating income in the form of interest income on investments from the proceeds derived from the Initial Public Offering (as defined below).
As of June 30, 2025, the Company had cash of $ 1,075,364 and a working capital of $ 1,122,729 .
As of June 30, 2025 and December 31, 2024, the Company had $ 1,075,364 and $ 0 in cash, respectively, and no cash equivalents.
Unrealized gains and losses resulting from the change in fair value of investments held in the Trust Account are included in interest earned on investments held in the Trust Account in the Company s statement of operations Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $ 250,000 .
As of June 30, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the balance sheet are reconciled in the following table: Gross proceeds $ 253,000,000 Less: Proceeds allocated to Public Rights ( 3,744,400 ) Public Shares issuance costs ( 14,298,405 ) Plus: Remeasurement of carrying value to redemption value 19,012,872 Class A Ordinary Shares subject to possible redemption, June 30, 2025 $ 253,970,067 Recent Accounting Pronouncements In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.
As of May 23, 2025, the Company paid $ 10,000 to the affiliate of the Sponsor.
For the three and six months ended June 30, 2025, the Company incurred and paid $ 20,000 in fees for these services.
As of June 30, 2025, no such Working Capital Loans were outstanding.