v3.25.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies  
Schedule of class A ordinary shares reflected on the unaudited condensed balance sheets are reconciled

Class A ordinary shares subject to possible redemption –December 31, 2023

$

249,254,022

Less:

 

Redemption

(232,811,894)

Plus:

Waiver of deferred underwriting fees

8,050,000

Adjustment for accretion of Class A ordinary shares subject to possible redemption

(438,044)

Adjustment for Contributions under promissory note

1,500,000

Class A ordinary shares subject to possible redemption –December 31, 2024

$

25,554,084

Plus:

Adjustment for accretion of Class A ordinary shares subject to possible redemption

536,801

Class A ordinary shares subject to possible redemption - June 30, 2025

$

26,090,885

Schedule of calculation of basic and diluted net income per ordinary share

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

For The Three Months Ended June 30, 

2025

2024

Class A

Class A

  

Class A

Class A

  

(subject to

(not subject to

(subject to

(not subject to

    

redemption)

    

redemption)

    

Class B

    

redemption)

    

redemption)

    

Class B

Basic and diluted net (loss) income per ordinary share:

 

  

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

 

  

Allocation of net (loss) income

$

(5,974)

$

(20,694)

$

$

1,267,577

$

663,905

$

Denominator:

 

Basic and diluted weighted average ordinary shares outstanding

 

2,213,429

7,666,666

1

14,637,766

7,666,666

1

Basic and diluted net (loss) income per ordinary share

$

(0.00)

$

(0.00)

$

(0.00)

$

0.09

$

0.09

$

0.09

    

For The Six Months Ended June 30,

2025

2024

Class A

Class A

Class A

Class A

(subject to

(not subject to

(subject to

(not subject to

redemption)

    

redemption)

    

Class B

    

redemption)

    

redemption)

    

Class B

Basic and diluted net (loss) income per ordinary share:

 

  

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

 

  

Allocation of net (loss) income

$

(112,679)

$

(390,288)

$

$

2,593,534

$

1,136,134

$

180,913

Denominator:

 

Basic and diluted weighted average ordinary shares outstanding

 

2,213,429

7,666,666

1

15,097,229

6,613,553

1,053,114

Basic and diluted net (loss) income per ordinary share

$

(0.05)

$

(0.05)

$

(0.05)

$

0.17

$

0.17

$

0.17