Fair Value Measurements (Details) - Public Warrants |
Jun. 30, 2025
USD ($)
$ / shares
|
Feb. 28, 2025
Y
$ / shares
|
---|---|---|
Fair Value Measurements | ||
Warrants, fair value | $ | $ 2,464,833 | |
Fair value per warrant | $ / shares | $ 0.32 | |
Valuation date price | ||
Fair Value Measurements | ||
Measurement input | $ / shares | 9.89 | |
Strike price | ||
Fair Value Measurements | ||
Measurement input | $ / shares | 11.5 | |
Expected time until merger (years) | ||
Fair Value Measurements | ||
Measurement input | Y | 1.5 | |
Time remaining post-merger (years) | ||
Fair Value Measurements | ||
Measurement input | Y | 5 | |
Probability of merger closing | ||
Fair Value Measurements | ||
Measurement input | 0.25 | |
Effective expected warrant term | ||
Fair Value Measurements | ||
Measurement input | Y | 2.75 | |
Peer implied volatility | ||
Fair Value Measurements | ||
Measurement input | 0.0755 | |
Risk-free rate (term matched) | ||
Fair Value Measurements | ||
Measurement input | 0.0397 |