| Schedule of redemption reflected in the balance sheet are reconciled |
|
|
|
|
| Public offering proceeds |
|
$ |
253,000,000 |
|
| Less: |
|
|
|
|
| Proceeds allocated to Public Warrants |
|
|
(1,429,450 |
) |
| Allocation of offering costs related to redeemable shares |
|
|
(16,998,565 |
) |
| Plus: |
|
|
|
|
| Accretion of carrying value of ordinary shares subject to possible redemption to redemption value |
|
|
24,527,793 |
|
| Ordinary shares subject to possible redemption as of December 31, 2024 |
|
|
259,099,778 |
|
| Accretion
of carrying value of ordinary shares subject to possible redemption to redemption value |
|
|
10,762,965 |
|
| Ordinary shares subject to possible redemption as of December 31, 2025 |
|
$ |
269,862,743 |
|