v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Basic and Diluted Income (Loss) Per Share
The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” Income and losses are shared pro rata to the Ordinary Shares. Net income per Ordinary Share is computed by dividing net income by the weighted average number of Ordinary Shares outstanding for the period. Accretion associated with the redeemable Ordinary Shares is excluded from income per Ordinary Share as the redemption value approximates fair value. The calculation of diluted income per Ordinary Share does not consider the effect of the Rights and Warrants issued in connection with the Initial Public Offering and Private Placement since their exercise is contingent upon future events. As a result, diluted net income per ordinary share is the same as basic net income per ordinary share.
 
  
Year Ended
  
 
  
December 31, 2025
  
 
  
Redeemable
    
Non-
redeemable
  
Basic and diluted net income (loss) per ordinary share numerator:
            
Interest income
  
$
3,385,452
    
$
—
  
Less: Allocation of expenses
    
(299,702
)
    
(203,215
)
Total
  
$
3,085,750
    
$
(203,215
)
 
                
Basic and diluted net income (loss) per ordinary share denominator:
                
Weighted-average shares outstanding
    
8,602,797
      
5,833,183
  
Basic and diluted net income (loss) per ordinary share
  
$
0.36
    
$
(0.03
)
Reconciliation of Class A Ordinary Shares Subject to Redemption
On December 31, 2025, the Class A ordinary shares subject to redemption reflected in the balance sheet are reconciled in the following table:

Gross proceeds
  
$
174,995,500
  
Less: Proceeds allocated to public warrants
    
(3,581,926
)
Less: Proceeds allocated to public rights
    
(4,549,883
)
Less: Offering costs allocated to public shares
    
(3,136,380
)
Add: Accretion of carrying value to redemption value
    
11,268,189
  
Class A ordinary shares subject to possible redemption July 10, 2025
    
174,995,500
  
Add: Accretion of carrying value to redemption value
    
3,385,453
  
Class A ordinary shares subject to possible redemption December 31, 2025
  
$
178,380,953