v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
General and administrative costs $ 1,489,307 $ 52,663 $ 2,592,440
Loss from operations (1,489,307) (52,663) (2,592,440)
Other income (expense):      
Interest earned on marketable securities held in Trust Account 2,477,726 4,940,590
Initial loss on forward purchase agreement liability (893,425)
Change in fair value of forward purchase agreement liability (387,392) (163,699)
Total other income, net 2,090,334 3,883,466
Net income (loss) $ 601,027 $ (52,663) $ 1,291,026
Class A Ordinary Shares      
Other income (expense):      
Weighted average shares outstanding (in Shares) 23,000,000 23,000,000
Basic net income (loss) per ordinary share (in Dollars per share) $ 0.02 $ 0.04
Weighted average shares outstanding (in Shares) 23,000,000 23,000,000
Diluted net income (loss) per ordinary share (in Dollars per share) $ 0.02 $ 0.04
Class B Ordinary Shares      
Other income (expense):      
Weighted average shares outstanding (in Shares) [1] 5,750,000 5,000,000 5,750,000
Basic net income (loss) per ordinary share (in Dollars per share) $ 0.02 $ (0.02) $ 0.04
Weighted average shares outstanding (in Shares) 5,750,000 5,000,000 5,750,000
Diluted net income (loss) per ordinary share (in Dollars per share) $ 0.02 $ (0.02) $ 0.04
[1] Excludes up to 750,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (Note 6). On August 19, 2024, the Company consummated its IPO and sold 23,000,000 Units, including 3,000,000 Units sold pursuant to the full exercise of the underwriters’ option to purchase additional units to cover the over-allotment, hence the 750,000 shares of Class B ordinary shares were no longer subject to forfeiture.