For the Year Ended
November 30,
2025

For the Year Ended
November 30,
2024

Redeemable
shares

Non-
redeemable
shares

Redeemable
shares

Non-
redeemable
shares

Basic and diluted net income per ordinary share

Numerator:

Allocation of net income

$

945,846

$

383,711

$

1,362,723

$

552,980

Denominator:

Basic and diluted weighted average shares outstanding

5,002,716

2,029,500

4,769,672

1,935,488

Basic and diluted net income per ordinary share

$

0.19

$

0.19

$

0.29

$

0.29