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Condensed Statement of Cash Flows (Unaudited)
8 Months Ended
Sep. 30, 2024
USD ($)
Cash Flows from Operating Activities:  
Net income $ 4,613,927
Adjustments to reconcile net income to net cash used in operating activities:  
Payment of formation costs through promissory note 8,667
Payment of operating costs through promissory note 327,200
Interest earned on marketable securities held in Trust Account (4,926,838)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (200,416)
Accounts payable and accrued expenses 99,618
Advances from related parties 24,084
Due to Sponsor 5,000
Net cash used in operating activities (48,758)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (287,500,000)
Net cash used in investing activities (287,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 282,500,000
Proceeds from sale of Private Placements Warrants 7,000,000
Repayment of promissory note - related party (1,109,683)
Payment of offering costs (59,638)
Net cash provided by financing activities 288,330,679
Net Change in Cash 781,921
Cash – Beginning of period
Cash – End of period 781,921
Non-Cash investing and financing activities:  
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000
Deferred offering costs paid through promissory note - related party 747,016
Prepaid expenses paid by Sponsor 26,800
Offering costs charged to shareholders’ deficit 23,015
Deferred underwriting fee payable $ 13,687,500