v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of computation of basic and diluted net loss per share

For the Three Months Ended

For the Six Months Ended

June 30, 2025

June 30, 2025

Redeemable

Non-Redeemable

Redeemable

Non-Redeemable

    

Class A

    

Class B

    

Class A

    

Class B

Basic and diluted net income per ordinary share:

  

 

  

 

  

 

  

Numerator:

  

 

  

 

  

 

  

Allocation of net income

$

1,151,616

$

404,622

$

2,320,811

$

815,420

Denominator:

 

 

 

 

Weighted average ordinary shares outstanding

 

16,000,000

 

5,621,622

 

16,000,000

 

5,621,622

Basic and diluted net income per ordinary share

$

0.07

$

0.07

$

0.15

$

0.15

For the Period from March 11,

For the Three Months Ended

2024 (Inception) through

June 30, 2024

June 30, 2024

Redeemable

Non-Redeemable

Redeemable

Non-Redeemable

    

Class A

    

Class B

    

Class A

    

Class B

Basic net income per ordinary share:

Numerator:

  

 

  

 

  

 

  

Allocation of net income

$

26,666

$

79,637

$

18,633

$

68,535

Denominator:

 

 

 

 

Weighted average ordinary shares outstanding

 

1,777,778

 

5,309,309

 

1,441,441

 

5,301,923

Basic net income per ordinary share

$

0.01

$

0.01

$

0.01

$

0.01

    

    

For the Period from March 11,

For the Three Months Ended

2024 (Inception) through

June 30, 2024

June 30, 2024

Redeemable

Non-Redeemable

Redeemable

Non-Redeemable

   

Class A

   

Class B

   

Class A

   

Class B

Diluted net income per ordinary share:

 

  

 

  

 

  

 

  

Numerator:

 

  

 

  

 

  

 

  

Allocation of net income

$

25,540

$

80,763

$

18,087

$

69,081

Denominator:

 

  

 

  

 

  

 

  

Weighted average ordinary shares outstanding

 

1,777,778

 

5,621,622

 

1,441,441

 

5,505,550

Diluted net income per ordinary share

$

0.01

$

0.01

$

0.01

$

0.01

Schedule of reconciliation of Class A ordinary shares subject to redemption

    

Shares

    

Amount

Gross proceeds

 

16,000,000

$

160,000,000

Less:

 

 

Proceeds allocated to Public Warrants

 

 

(2,080,000)

Proceeds allocated to the over-allotment option

 

 

(169,119)

Class A ordinary shares issuance costs

 

 

(10,024,214)

Plus:

Accretion of carrying value to redemption value

16,680,349

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

 

16,000,000

$

164,407,016

Plus:

 

 

Accretion of carrying value to redemption value

1,736,734

Class A ordinary shares subject to possible redemption, March 31, 2025

16,000,000

$

166,143,750

Plus:

Accretion of carrying value to redemption value

1,786,926

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

 

16,000,000

$

167,930,676