| Basic and diluted net loss per share |
| Basic and diluted net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the
three months ended
June 30, |
|
|
For the
Six Months Ended
June 30, |
|
|
For the
period from
February 5, 2024
(inception) to
June 30, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
Redeemable
Ordinary
Shares |
|
|
Non- redeemable
Ordinary
Shares |
|
|
Redeemable
Ordinary
Shares |
|
|
Non- redeemable
Ordinary
Shares |
|
|
Redeemable
Ordinary
Shares |
|
|
Non- redeemable
Ordinary
Shares |
|
|
Redeemable
Ordinary
Shares |
|
|
Non- redeemable
Ordinary
Shares |
|
| Basic net income per ordinary share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocation of net income |
|
$ |
824,254 |
|
|
$ |
251,756 |
|
|
$ |
340,414 |
|
|
$ |
206,614 |
|
|
$ |
1,606,346 |
|
|
$ |
490,634 |
|
|
$ |
251,881 |
|
|
$ |
234,727 |
|
| Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average shares outstanding |
|
|
11,500,000 |
|
|
|
3,512,500 |
|
|
|
5,021,978 |
|
|
|
3,048,077 |
|
|
|
11,500,000 |
|
|
|
3,512,500 |
|
|
|
3,130,137 |
|
|
|
2,916,952 |
|
| Basic net income per ordinary share |
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.14 |
|
|
$ |
0.14 |
|
|
$ |
0.08 |
|
|
$ |
0.08 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the
three months ended
June 30, |
|
|
For the
Six Months Ended
June 30, |
|
|
For the
period from
February 5, 2024
(inception) to
June 30, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
Redeemable
Ordinary
Shares |
|
Non- redeemable
Ordinary
Shares |
|
|
Redeemable
Ordinary
Shares |
|
Non- redeemable
Ordinary
Shares |
|
|
Redeemable
Ordinary
Shares |
|
|
Non- redeemable
Ordinary
Shares |
|
|
Redeemable
Ordinary
Shares |
|
|
Non- redeemable
Ordinary
Shares |
|
| Diluted net income per ordinary share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocation of net income |
|
$ |
824,254 |
|
|
$ |
251,756 |
|
|
$ |
332,298 |
|
|
$ |
214,730 |
|
|
$ |
1,606,346 |
|
|
$ |
490,634 |
|
|
$ |
241,630 |
|
|
$ |
244,978 |
|
| Denominator |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Diluted weighted-average shares outstanding |
|
|
11,500,000 |
|
|
|
3,512,500 |
|
|
|
5,054,945 |
|
|
|
3,266,484 |
|
|
|
11,500,000 |
|
|
|
3,512,500 |
|
|
|
3,150,685 |
|
|
|
3,194,349 |
|
| Diluted net income per ordinary share |
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.07 |
|
|
$ |
0.14 |
|
|
$ |
0.14 |
|
|
$ |
0.08 |
|
|
$ |
0.08 |
|
|
| Schedule of reconciliation of common stock reflected on balance sheet |
| Schedule of reconciliation of common stock reflected on balance sheet |
|
|
|
|
| Gross proceeds |
|
$ |
115,000,000 |
|
| Less: |
|
|
|
|
| Proceeds allocated to Public Rights |
|
|
(727,950 |
) |
| Ordinary share issuance cost |
|
|
(6,740,359 |
) |
| Plus: |
|
|
|
|
| Remeasurement of carrying value to redemption value |
|
|
11,562,240 |
|
| Ordinary shares subject to possible redemption, December 31, 2024 |
|
$ |
119,093,931 |
|
| Plus: |
|
|
|
|
| Remeasurement of carrying value to redemption value |
|
|
2,491,947 |
|
| Ordinary shares subject to possible redemption, June 30, 2025 |
|
$ |
121,585,878 |
|
|