ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - USD ($) |
1 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Feb. 14, 2025 |
Jun. 30, 2025 |
Dec. 31, 2024 |
Jun. 30, 2024 |
May 31, 2024 |
|
ORGANIZATION AND DESCRIPTION OF BUSINESS | |||||
Liquidation and dissolution expenses | $ 100,000 | ||||
Transaction costs | 6,010,829 | ||||
Underwriting fees | 2,156,250 | ||||
Proceeds from underwriter's purchase of Units | 1,406,250 | ||||
Deferred underwriting commission | 3,450,000 | ||||
Other offering costs | $ 404,579 | ||||
Description of business combination | The Company will have 15 months from the closing of this offering (or up to 18 months if a definitive agreement for a business combination is signed within 15 months but not yet consummated) to complete a business combination. If the Company fails to complete a business combination within this period, it will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to pay taxes (less up to $100,000 of interest to pay liquidation and dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors, dissolve and liquidate, subject in each case to our obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law | ||||
Proceeds from IPOs and private placement in trust account | $ 86,250,000 | ||||
Price per unit of IPOs & private shares | $ 10.00 | ||||
Working capital | $ 533,363 | ||||
Cash and cash equivalent | $ 496,072 | $ 0 | $ 0 | $ 0 | |
Fair market value equal to assets held in trust account | 80.00% | ||||
Acquisition of company interests or assets | 100.00% | ||||
Ownership in issued and outstanding voting securities | 50.00% | ||||
Initial public offering shares | 7,500,000 | ||||
Sale of private placement units | 265,625 | ||||
Price per unit of private shares | $ 10.00 | ||||
Underwriters' over-allotment option exercised | 1,125,000 | ||||
Proceeds from IPOs | $ 75,000,000 | ||||
Total gross proceeds from IPO and over-allotment | 86,250,000 | ||||
Proceeds from over-allotment | $ 11,250,000 | ||||
Loan from related party | $ 500,000 |