ADDED
As of September 30, 2025, and December 31, 2024, there were 6,325,000 Class B ordinary shares outstanding (see Notes 6 and 8).
As of September 30, 2025, and December 31, 2024, there were 6,325,000 Class B ordinary shares outstanding (see Notes 6 and 8).
As of September 30, 2025, the Company had not yet commenced operations.
8 Liquidity and Capital Sources As of September 30, 2025 and December 31, 2024, the Company had a cash balance of $ 820,826 and $ 25,092 , respectively, and a working capital surplus of $ 803,426 and a working capital deficit of $ 200,945 , respectively.
As of September 30, 2025, and December 31, 2024, the Company had $ 820,826 and $ 25,092 , respectively, in cash and cash equivalents.
At September 30, 2025, the assets held in the Trust Account of $ 255,859,603 were held in money market funds.
The CODM regularly reviews significant segment expenses, which are general and administrative expenses segment expenses, which are to assess the Company s performance and guide operational decisions.
These expenses primarily consist of legal and professional fees, accounting and audit costs, insurance premiums, and dues and subscription charges.
They represent the key cost drivers of the Company s operations and are integral to the internal evaluation of financial results.
The Company has entered into an agreement, commencing on the effective date of the Initial Public Offering through the earlier of the Company s consummation of a Business Combination and its liquidation, to pay the Sponsor a total of up to $ 10,000 per month for office space and administrative and support services.
REMOVED
As of June 30, 2025, the Company had not yet commenced operations.
8 Liquidity and Capital Sources As of June 30, 2025, and December 31, 2024, the Company had a cash balance of $ 944,919 and $ 25,092 respectively, and a working capital surplus of $ 948,020 and a working capital deficit of $ 200,945 respectively.
As of June 30, 2025, and December 31, 2024, the Company had $ 944,919 and $ 25,092 , respectively, in cash and cash equivalents.
At June 30, 2025, the assets held in the Trust Account of $253,187,419 were held in money market funds.
As of June 30, 2025, and December 31, 2024, the Sponsor had an outstanding balance payable to the Company of $ 28,601 and $ 0 respectively.
As of June 30, 2025 and December 31, 2024, there were no Class A ordinary shares issued or outstanding, excluding 25,300,000 Class A ordinary shares subject to possible redemption.
Pursuant to such evaluation, both public and private placement warrants will be classified in shareholder s equity.
At June 30, 2025 there were 12,650,000 Public Warrants and 6,400,000 Private Placement Warrants outstanding.
The fair values of held-to-maturity securities at June 30, 2025 and the gross holding gains at June 30, 2025 are as follows: Schedule of fair value Description Level Fair Value June 30, 2025 Money market fund 1 $ 253,187,419 NOTE 9.
SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions occurring after the balance sheet date through the date the financial statement was issued.