SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Class A Ordinary Shares Subject to Redemption

As of December 31, 2024 and 2023, the Class A ordinary shares reflected in the accompanying balance sheets are reconciled in the following table:


Gross proceeds		$	500,000,000
Less:
Proceeds allocated to Public Warrants			(2,625,000	)
Class A ordinary shares issuance costs			(28,550,129	)
Plus:
Accretion of carrying value to redemption value			54,113,481

Class A ordinary shares subject to possible redemption as of December 31, 2023			522,938,352
Plus:
Accretion of carrying value to redemption value			27,761,686

Class A ordinary shares subject to possible redemption as of December 31, 2024		$	550,700,038

Schedule of Earnings Per Share, Basic and Diluted

The following table reflects the calculation of basic and diluted net income per ordinary share:


		For the year ended December 31,
		2024				2023
Class A ordinary shares
Numerator:
Net income attributable to Class A ordinary shares		$	20,788,927			$	12,405,494
Denominator:
Basic and diluted weighted average shares outstanding, Class A ordinary shares			50,000,000				34,383,562

Basic and diluted net income per share, Class A ordinary shares		$	0.42			$	0.36

Class B ordinary shares
Numerator:
Net income attributable to Class B ordinary shares		$	5,197,232			$	4,509,966
Denominator:
Basic and diluted weighted average shares outstanding, Class B ordinary shares			12,500,000				12,500,000

Basic and diluted net income per share, Class B ordinary shares		$	0.42			$	0.36