Quarterly report [Sections 13 or 15(d)]

Condensed Balance Sheets

v3.25.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 442,670 $ 905,040
Prepaid insurance 143,105 198,520
Prepaid expenses 131,296 142,033
Total Current assets 717,071 1,245,593
Marketable securities held in Trust Account 179,494,845 177,634,717
TOTAL ASSETS 180,211,916 178,880,310
Current liabilities    
Accrued expenses 2,115,119 734,555
Total Current liabilities 2,115,119 734,555
Deferred underwriting fee payable 5,950,000 5,950,000
TOTAL LIABILITIES 8,065,119 6,684,555
COMMITMENTS AND CONTINGENCIES (Note 6)
Class A Ordinary Shares subject to possible redemption, 17,000,000 shares at redemption value of $10.56 and $10.45 per share at March 31, 2025 and December 31, 2024, respectively 179,494,845 177,634,717
SHAREHOLDERS’ DEFICIT    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at March 31, 2025 and December 31, 2024
Additional paid-in capital
Accumulated deficit (7,348,473) (5,439,387)
TOTAL SHAREHOLDERS’ DEFICIT (7,348,048) (5,438,962)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 180,211,916 178,880,310
Class A Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares value 425 425
Class B Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares value