| Schedule of Net Income and Total Assets |
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:
|
|
|
June 30,
2025
|
|
December 31,
2024
|
|
Marketable Securities held in trust account
|
|
$
|
240,134,175 |
|
$
|
235,193,585 |
|
Cash
|
|
$
|
124,083 |
|
$
|
668,089 |
|
|
|
For the
Three Months
Ended
June 30,
2025
|
|
For the
Six Months
Ended
June 30,
2025
|
|
For the Period
from April 4,
2024 (Inception)
Through
June 30,
2025
|
|
Net income (loss)
|
|
$
|
601,027 |
|
$
|
1,291,026 |
|
$
|
(52,663 |
)
|
|
General and administrative expenses
|
|
$
|
1,489,307 |
|
$
|
2,592,440 |
|
$
|
52,663 |
|
|
Interest earned on marketable securities held in Trust Account
|
|
$
|
2,477,726 |
|
$
|
4,940,590 |
|
$
|
—
|
|
|
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:
|
|
|
December 31,
2024
|
|
Trust Account
|
|
$
|
235,193,585 |
|
Cash
|
|
$
|
668,089 |
|
|
|
December 31,
2024
|
|
Net income (loss)
|
|
$
|
3,408,788 |
|
General and administrative expenses
|
|
$
|
634,797 |
|
Interest earned on marketable securities held in Trust Account
|
|
$
|
4,043,585 |
|