v3.25.2
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 4 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2024
Jun. 30, 2025
General and administrative costs $ 233,288 $ 88,594 $ 107,729 $ 390,236
Loss from operations (233,288) (88,594) (107,729) (390,236)
OTHER INCOME (EXPENSE)        
Interest due from Everli 2,540     2,540
Interest expense on Sponsor Loan (109)     (109)
Interest on cash held in the operating account 169     376
Change in fair value of over-allotment option liability   27,365 27,365  
Dividends and interest earned on marketable securities and cash held in Trust Account 1,786,926 167,532 167,532 3,523,660
Total other income, net 1,789,526 194,897 194,897 3,526,467
NET INCOME $ 1,556,238 $ 106,303 $ 87,168 $ 3,136,231
Class A ordinary shares subject to possible redemption        
OTHER INCOME (EXPENSE)        
Weighted average shares outstanding, Basic (in shares) 16,000,000 1,777,778 1,441,441 16,000,000
Weighted average shares outstanding, Diluted (in shares) 16,000,000 1,777,778 1,441,441 16,000,000
Basic net income per ordinary share (in dollars per share) $ 0.07 $ 0.01 $ 0.01 $ 0.15
Diluted net income per ordinary share (in dollars per share) $ 0.07 $ 0.01 $ 0.01 $ 0.15
Class B ordinary shares        
OTHER INCOME (EXPENSE)        
Weighted average shares outstanding, Basic (in shares) 5,621,622 5,309,309 5,301,923 5,621,622
Weighted average shares outstanding, Diluted (in shares) 5,621,622 5,621,622 5,505,550 5,621,622
Basic net income per ordinary share (in dollars per share) $ 0.07 $ 0.01 $ 0.01 $ 0.15
Diluted net income per ordinary share (in dollars per share) $ 0.07 $ 0.01 $ 0.01 $ 0.15