v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Valuation of the Public Warrants The following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Warrants:
   March 3,
2025
 
Implied Class A ordinary share price  $9.91 
Exercise price  $11.50 
Simulation term (years)   7 
Risk-free rate (continuous)   4.02%
Selected volatility   2.5%
Probability of de-SPAC and market adjustment   15.0%
Schedule of Class A Ordinary Shares Subject to Possible Redemption As of June 30, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:
Gross proceeds  $230,000,000 
Less:     
Proceeds allocated to Public Warrants   (2,185,000)
Class A Ordinary shares issuance costs   (7,638,884)
Plus:     
Remeasurement of carrying value to redemption value   11,691,817 
Class A Ordinary shares subject to possible redemption, March 31, 2025  $231,867,933 
Plus:     
Remeasurement of carrying value to redemption value   2,442,453 
Class A Ordinary shares subject to possible redemption, June 30, 2025  $234,310,386 
Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):

 

   Three
Months Ended
June 30,
2025
   Six
Months Ended
June 30,
2025
 
   Class A   Class B   Class A   Class B 
Basic net income (loss) per share:                
Numerator:                
Allocation of net income (loss)  $1,678,529   $419,632   $(3,091,201)  $(1,114,401)
Denominator:                    
Basic weighted average shares outstanding   23,000,000    5,750,000    15,248,619    5,497,238 
Basic net income (loss) per ordinary share  $0.07   $0.07   $(0.20)  $(0.20)

  

   Three
Months Ended
June 30,
2025
   Six
Months Ended
June 30,
2025
 
   Class A   Class B   Class A   Class B 
Diluted net income (loss) per share:                
Numerator:                
Allocation of net income (loss)  $1,678,529   $419,632   $(3,053,992)  $(1,151,610)
Denominator:                    
Diluted weighted average shares outstanding   23,000,000    5,750,000    15,248,619    5,750,000 
Diluted net income (loss) per ordinary share  $0.07   $0.07   $(0.20)  $(0.20)