v3.25.2
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2025
Professional fees and other expenses $ (174,737) $ (228,776)
Net loss from operations (174,737) (228,776)
Change in fair value of public and private warrant liabilities (3,767,400) (3,767,400)
Allocated expense for warrant issuance cost (101,971) (101,971)
Other income - interest income 2,306,234 2,306,234
Net loss $ (1,737,874) $ (1,791,913)
Class A Redeemable Ordinary Shares    
Net loss per ordinary share:    
Basic weighted average shares outstanding 22,474,286 11,299,227
Diluted weighted average shares outstanding 22,474,286 11,299,227
Basic net loss per share $ (0.93) $ (1.49)
Diluted net loss per share $ (0.92) $ (1.43)
Class A Non-Redeemable Ordinary Shares    
Net loss per ordinary share:    
Basic weighted average shares outstanding 140,934 70,856
Diluted weighted average shares outstanding 140,934 70,856
Basic net loss per share $ (0.93) $ (1.49)
Diluted net loss per share $ (0.92) $ (1.43)
Class B Ordinary Shares    
Net loss per ordinary share:    
Basic weighted average shares outstanding [1],[2] 8,532,857 8,168,453
Diluted weighted average shares outstanding [1],[2] 8,970,000 8,970,000
Basic net loss per share $ (0.93) $ (1.49)
Diluted net loss per share $ (0.92) $ (1.43)
[1] At December 31, 2024, excluded an aggregate of up to 1,170,000 Class B ordinary shares, $0.0001 par value, subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. On May 5, 2025, the Company consummated its Initial Public Offering and sold 35.88 million Units, which includes the full exercise of the underwriter's over-allotment option, hence the 1,170,000 Class B ordinary shares are no longer subject to forfeiture.
[2] On June 30, 2023, the Sponsor paid $25,000 to cover certain of the Company’s offering costs in consideration of 11,500,000 Founder Shares. On February 3, 2025, the Sponsor surrendered for no consideration 4,025,000 Founder Shares. On May 1, 2025, the Company effected a stock dividend with respect to its Class B ordinary shares of 1,495,000 shares thereof, resulting in an aggregate of 8,970,000 outstanding shares of Class B ordinary shares.