Significant Accounting Policies (Tables)
|
9 Months Ended |
Jun. 30, 2025 |
|---|
| Significant Accounting Policies [Abstract] |
|
| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
Accordingly, as of June 30, 2025, Class A ordinary
shares subject to possible redemption are presented at redemption value as temporary equity, outside of permanent shareholders’
equity on the Company’s balance sheet in the following table:
| | |
Shares | | |
Amount | |
| Gross proceeds from IPO | |
| 5,700,000 | | |
$ | 57,500,000 | |
| Less: | |
| | | |
| | |
| Proceeds allocated to Public Rights | |
| — | | |
| (1,265,000 | ) |
| Allocation of offering costs related to redeemable shares | |
| — | | |
| (1,554,984 | ) |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 639,472 | |
| Subsequent measurement of ordinary shares to redemption value | |
| — | | |
| 609,787 | |
| Class A ordinary shares subject to possible redemption – September 30, 2024 | |
| 5,700,000 | | |
| 55,929,275 | |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 2,126,216 | |
| Remeasurement of carrying value to redemption value | |
| — | | |
| 1,894,408 | |
| Less: | |
| | | |
| | |
| Public shareholder redemptions | |
| (2,819,767 | ) | |
| (29,451,965 | ) |
| Class A ordinary shares subject to possible redemption – June 30, 2025 | |
| 2,930,233 | | |
$ | 30,497,934 | |
|
| Schedule of Net Income (Loss) Per Share |
The net income (loss) per share presented in the
unaudited condensed statements of operations is based on the following:
| | |
Three Months Ended
June 30, | | |
Nine Months Ended
June 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Net income (loss) | |
$ | 354,378 | | |
$ | (29,349 | ) | |
$ | 1,304,272 | | |
$ | (113,248 | ) |
| Accretion of Class A ordinary shares to redemption value | |
| (1,323,416 | ) | |
| — | | |
| (4,020,624 | ) | |
| — | |
Net loss including accretion of Class A ordinary shares
to redemption value | |
$ | (969,038 | ) | |
$ | (29,349 | ) | |
$ | (2,716,352 | ) | |
$ | (113,248 | ) |
|
| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
| | |
For the Three Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
Redeemable
Class A Ordinary Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | | |
Redeemable
Class A Ordinary Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | |
| Basic and diluted net income (loss) per ordinary share | |
| | |
| | |
| | |
| |
| Numerator: | |
| | |
| | |
| | |
| |
| Allocation of net loss | |
$ | (728,791 | ) | |
$ | (240,247 | ) | |
$ | — | | |
$ | (29,349 | ) |
| Accretion of Class A ordinary shares subject to possible redemption to redemption value | |
| 1,323,416 | | |
| — | | |
| | | |
| — | |
| Allocation of net income (loss) | |
| 594,625 | | |
| (240,247 | ) | |
| — | | |
| (29,349 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 5,750,000 | | |
| 1,895,500 | | |
| | | |
| 1,437,500 | (1) |
| Basic and diluted net income (loss) per ordinary share | |
$ | 0.10 | | |
$ | (0.13 | ) | |
$ | | | |
$ | (0.02 | ) |
| | |
For the Nine Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
Redeemable
Class A Ordinary Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | | |
Redeemable Class A Ordinary Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | |
| Basic and diluted net income (loss) per ordinary share | |
| | |
| | |
| | |
| |
| Numerator: | |
| | |
| | |
| | |
| |
| Allocation of net loss | |
$ | (2,042,904 | ) | |
$ | (673,448 | ) | |
$ | — | | |
$ | (113,248 | ) |
Accretion of Class A ordinary shares subject
to possible redemption to redemption value | |
| 4,020,624 | | |
| — | | |
| — | | |
| — | |
| Allocation of net income (loss) | |
| 1,977,720 | | |
| (673,448 | ) | |
| — | | |
| (113,248 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 5,750,000 | | |
| 1,895,500 | | |
| | | |
| 1,437,500 | (1) |
| Basic and diluted net income (loss) per ordinary share | |
$ | 0.34 | | |
$ | (0.36 | ) | |
$ | | | |
$ | (0.08 | ) |
| (1) | Retroactively restated to include an aggregate of 187,500 Class B ordinary shares as a result of the underwriter’s full exercise of their over-allotment option on July 8, 2024. No Founder Shares are currently subject to forfeiture. |
|