ADDED
As of September 30, 2025, the Company had not commenced any operations.
Going Concern As of September 30, 2025, the Company has cash of $ 97,362 and working capital of $ 601,011 .
The Company has incurred and expects to continue to incur significant costs in pursuit of its financing and acquisition plans.
The Company anticipates that the cash held outside of the Trust Account of $ 97,362 will not be sufficient to allow the Company to operate in the next twelve months.
These conditions raise substantial doubt about the Company s ability to continue as a going concern.
These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.
Related Parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operational decisions.
Companies are also considered to be related if they are subject to common control or common significant influence.
9 Net Income (Loss) per Ordinary Share Net income (loss) per share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period, excluding ordinary shares subject to forfeiture, if any.
As a result, diluted income (loss) per share is the same as basic income (loss) per share for the periods presented.
REMOVED
Interim Financial Statements Condensed Balance Sheets as of June 30, 2025 (Unaudited) and December 31, 2024 1 Unaudited Condensed Statements of Operations for the Three and Six Months Ended June 30, 2025 2 Unaudited Condensed Statements of Changes in Shareholders Deficit for the Three and Six Months Ended June 30, 2025 3 Unaudited Condensed Statement of Cash Flows for the Six Months ended June 30, 2025 4 Notes to Unaudited Condensed Financial Statements 5 Item 2.
As of June 30, 2025, the Company had not commenced any operations.
Going Concern At June 30, 2025, the Company had cash of $ 569,066 and working capital of $ 611,598 .
Subsequent to the consummation of the Initial Public Offering, the Company s liquidity has been satisfied through the net proceeds from the consummation of the Initial Public Offering and the Private Placement held outside of the Trust Account.
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, provide the Company Working Capital Loans (as defined in Note 5).
7 Based on the foregoing, management believes that the Company will have sufficient working capital and borrowing capacity to meet its needs through the earlier of the consummation of a Business Combination or one year from the date of the issuance date of these financial statements.
Over this time period, the Company will be using the funds held outside of the Trust Account to pay for existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination.
Net Income (Loss) per Ordinary Share Net income (loss) per share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period, excluding ordinary shares subject to forfeiture.
Weighted average shares were reduced for the effect of an aggregate of 762,097 Class B ordinary shares held by the Sponsor that were subject to forfeiture depending on the extent to which the over-allotment option is exercised by the underwriters (see Note 6).
As a result, diluted income (loss) per share is the same as basic loss per share for the period presented.