v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Measurements [Abstract]  
Schedule of Assets and Liabilities that are Measured at Fair Value

The following table presents information about the Company’s assets and liabilities that are measured at fair value as of December 31, 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

   Level   December 31,
2024
 
Liabilities:        
Over-allotment option liability   3   $26,558 
Schedule of Market Assumptions used in Valuation of Over-allotment Option and Public Warrants

The key inputs into the Black-Scholes model were as follows at December 31, 2024 and the at initial measurement date of the over-allotment option:

 

Inputs  December 31,
2024
 
Risk-free interest rate   4.40%
Expected term (years)   0.04 
Expected volatility   4.91%
Exercise price  $10.00 

 

Inputs  November 27,
2024
 
Risk-free interest rate   4.76%
Expected term (years)   0.12 
Expected volatility   6.23%
Exercise price  $10.00 
The following table presents the quantitative information regarding market assumptions used in the valuation of the Public Warrants:
   November 27,
2024
 
Estimated share price  $9.92 
Exercise price  $11.50 
Term (years)   6.50 
Risk-free rate   4.07%
Selected volatility   2.7%