v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Measurements [Abstract]  
Schedule of Company’s Assets that are Measured at Fair Value hierarchy of the Valuation Inputs

The following table presents information about the Company’s assets that are measured at fair value as of June 30, 2025 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

   Level   June 30,
2025
 
Assets:        
Cash and investments held in Trust Account   1   $200,181,454 
Schedule of the Quantitative Information Regarding Market Assumptions used in the Valuation of the Public Warrants The following table presents the quantitative information regarding market assumptions used in the “Level 3” valuation of the Public Rights issued in the Initial Public Offering:
   June 20,
2025
 
Unit price  $10.06 
Share price  $9.90 
Share rights fraction   1/10
Pre-adjusted value per Share Right  $0.99 
Market adjustment(1)   16.0%

 

(1)Market adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of a Business Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of share price prior to the beginning of the exercise period. The adjustment is determined by comparing traded Public Right prices to simulated model outputs. The market adjustment was determined by calibrating traded Public Rights prices as of the valuation dates.