v3.26.1
CONDENSED STATEMENT OF CASH FLOWS (Unaudited)
 6 Months Ended
Mar. 31, 2026
USD ($)
Cash Flows from Operating Activities:  
Net income $ 673,033
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash held in Trust Account (403,232)
Change in fair value of over-allotment liability (422,000)
Changes in operating assets and liabilities:  
Prepaid expenses (50,453)
Due to Sponsor 16,071
Accounts payable and accrued expenses 18,397
Net cash used in operating activities (168,184)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (100,000,000)
Net cash used in investing activities (100,000,000)
Cash flows from Financing Activities:  
Proceeds from issuance of Units, net of underwriting discounts paid 98,000,000
Proceeds from issuance of Private Placement Units 3,500,000
Proceeds from issuance of EBC founder shares 1,630
Excess funds deposited into the Trust Account 155,913
Excess funds returned to Sponsor (155,913)
Proceeds from promissory note – related party 118,054
Repayment of promissory note – related party (159,374)
Payment of offering costs (358,736)
Net cash provided by financing activities 101,101,574
Net Change in Cash 933,390
Cash – Beginning of period
Cash – End of period 933,390
Supplemental disclosure of noncash investing and financing activities:  
Deferred offering costs included in accrued offering costs 75,350
Fair value in excess of costs of EBC founder shares 501,500
Forfeiture of Founder Shares 50
Accretion of ordinary shares to redemption value $ 5,701,876