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BALANCE SHEET (Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets    
Cash $ 812,338 $ 958,786
Prepaid expenses 66,663 25,621
Total Current assets 879,001 984,407
Cash held in trust account 120,328,139 119,093,931
TOTAL ASSETS 121,207,140 120,078,338
Current liabilities    
Accrued expenses 159,482 81,650
Advance from related party 138,550 138,550
Due to Sponsor 105,000 75,000
Total Current liabilities 403,032 295,200
Deferred underwriting fee 4,025,000 4,025,000
Total Liabilities 4,428,032 4,320,200
Ordinary shares subject to possible redemption; 11,500,000 shares at redemption value of $10.46 and $10.36 per share as of March 31, 2025 and December 31, 2024 120,328,139 119,093,931
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 3,512,500 issued and outstanding (excluding 11,500,000 shares subject to possible redemption) as of March 31, 2025 and December 31, 2024 352 352
Additional paid-in capital
Accumulated deficit (3,549,383) (3,336,145)
Total Shareholders’ Deficit (3,549,031) (3,335,793)
Total Liabilities and Shareholders’ Deficit $ 121,207,140 $ 120,078,338