Schedule of Class A Ordinary Shares Subject to Possible Redemption |
As of June 30, 2025, the Class A Ordinary Shares subject
to possible redemption reflected in the balance sheet are reconciled in the following table:
| |
Shares | | |
Amount | |
Gross proceeds | |
| 30,000,00000 | | |
$ | 300,000,000 | |
Less: | |
| | | |
| | |
Proceeds allocated to Public Warrants | |
| | | |
| (2,700,000 | ) |
Class A Ordinary Shares issuance costs | |
| | | |
| (18,447,055 | ) |
Plus: | |
| | | |
| | |
Remeasurement of carrying value to redemption value | |
| | | |
| 21,147,055 | |
Class A Ordinary Shares subject to possible redemption, May 2, 2025 | |
| 30,000,000 | | |
$ | 300,000,000 | |
Plus: | |
| | | |
| | |
Accretion of redeemable Class A Ordinary Shares to redemption amount | |
| | | |
| 1,955,805 | |
Class A Ordinary Shares subject to possible redemption, June 30, 2025 | |
| 30,000,000 | | |
$ | 301,955,805 | |
|
Schedule of Basic and Diluted Net Income Per Ordinary Share |
The following table reflects the calculation of
basic and diluted net income per Ordinary Share:
| |
For the
Three Months Ended | | |
For the Period from
January 23, 2025
(Inception) Through | |
| |
June 30, 2025 | | |
June 30, 2025 | |
| |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| |
Ordinary Shares | | |
Ordinary Shares | | |
Ordinary Shares | | |
Ordinary Shares | |
Basic net income per Ordinary Share | |
| | |
| | |
| | |
| |
Numerator: | |
| | |
| | |
| | |
| |
Allocation of net income | |
$ | 1,344,649 | | |
$ | 489,004 | | |
$ | 1,106,707 | | |
$ | 678,412 | |
| |
| | | |
| | | |
| | | |
| | |
Denominator: | |
| | | |
| | | |
| | | |
| | |
Basic weighted average Ordinary Shares outstanding | |
| 19,780,220 | | |
| 7,193,407 | | |
| 11,320,755 | | |
| 6,939,623 | |
Basic net income per Ordinary Share | |
$ | 0.07 | | |
$ | 0.07 | | |
$ | 0.10 | | |
$ | 0.10 | |
| |
For the
Three Months Ended | | |
For the Period from
January 23, 2025
(Inception) Through | |
| |
June 30, 2025 | | |
June 30, 2025 | |
| |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| |
Ordinary Shares | | |
Ordinary Shares | | |
Ordinary Shares | | |
Ordinary Shares | |
Diluted net income per Ordinary Share | |
| | |
| | |
| | |
| |
Numerator: | |
| | |
| | |
| | |
| |
Allocation of net income | |
$ | 1,329,537 | | |
$ | 504,116 | | |
$ | 1,073,756 | | |
$ | 711,363 | |
| |
| | | |
| | | |
| | | |
| | |
Denominator: | |
| | | |
| | | |
| | | |
| | |
Diluted weighted average Ordinary Shares outstanding | |
| 19,780,220 | | |
| 7,500,000 | | |
| 11,320,755 | | |
| 7,500,000 | |
Diluted net income per Ordinary Share | |
$ | 0.07 | | |
$ | 0.07 | | |
$ | 0.09 | | |
$ | 0.09 | |
|