v3.25.4
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Measurements [Abstract]  
Schedule of Assets Measured at Fair Value

The following table presents information about the Company’s assets that are measured at fair value as of December 31, 2025 and 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

   Level   December 31,
2025
   December 31,
2024
 
Assets:            
Marketable securities held in Trust Account  1   $156,724,641   $
        —
 
Schedule of Fair Value Measurement Inputs The key inputs into the Black-Scholes model were as follows at initial measurement of the over-allotment option:
Inputs  January 31,
2025
 
Risk-free interest rate   4.37%
Expected term (years)   0.12 
Expected volatility   4.91%
Exercise price  $10.00 
Fair value of over-allotment unit  $0.098 
The following table presents the quantitative information regarding market assumptions used in the Level 3 valuation of the Public Warrants:
   January 31, 2025 
Estimated share price  $9.92 
Exercise price  $11.50 
Term (years)   2.38 
Risk-free rate   4.24%
Volatility   5.36%
Schedule of Reconciliation of Changes in Fair Value

The following table provides a reconciliation of changes in fair value of the beginning and ending balances for the Company’s over-allotment option liability classified as Level 3 for the year ended December 31, 2025:

 

Fair value of over-allotment option liability at January 1, 2025  $
 
Initial fair value of over-allotment option liability at January 31, 2025   221,454 
Change in fair value of over-allotment option liability   (221,454)
Fair value of over-allotment option liability at December 31, 2025  $