| Schedule of Net Income Per Share |
The following tables reflect the net income per share after allocating income between the shares based on outstanding shares: | | | Year ended
December 31, 2025 | | | Period from May 24, 2024
(inception) to December 31, 2024 | | | | | Class A | | | Class B | | | Class A | | | Class B | | | Numerator: | | | | | | | | | | | | | | Basic and diluted net income per share of ordinary shares: | | | | | | | | | | | | | | Allocation of income – | | | | | | | | | | | | | | | | | | Basic | | $ | 4,154,000 | | | $ | 1,384,000 | | | $ | 1,415,000 | | | $ | 866,000 | | | Diluted | | $ | 4,154,000 | | | $ | 1,384,000 | | | $ | 1,372,000 | | | $ | 909,000 | | | Denominator: | | | | | | | | | | | | | | | | | | Weighted average shares of ordinary shares: | | | | | | | | | | | | | | | | | | Basic | | | 22,000,000 | | | | 7,333,334 | | | | 11,270,000 | | | | 6,902,000 | | | Diluted | | | 22,000,000 | | | | 7,333,334 | | | | 11,270,000 | | | | 7,471,000 | | | | | | | | | | | | | | | | | | | | | Net income per share of ordinary shares – | | | | | | | | | | | | | | | | | | Basic | | $ | 0.19 | | | $ | 0.19 | | | $ | 0.12 | | | $ | 0.12 | | | Diluted | | $ | 0.19 | | | $ | 0.19 | | | $ | 0.12 | | | $ | 0.12 | |
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| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
Accordingly, as of December 31, 2025 and December 31, 2024, all of the 22,000,000 public shares were classified outside of permanent equity. Class A ordinary shares subject to possible redemption consist of: | | | Dollars | | | Shares | | | Gross proceeds of Offering | | $ | 220,000,000 | | | | 22,000,000 | | | Less: Proceeds allocated to Public Warrants | | | (1,045,000 | ) | | | — | | | Proceeds allocated to over-allotment option | | | (408,000 | ) | | | — | | | Offering costs | | | (10,586,000 | ) | | | — | | | Plus: Accretion of carrying value to redemption value | | | 16,333,000 | | | | — | | | Class A ordinary shares subject to possible redemption as of December 31, 2024 | | $ | 224,294,000 | | | | 22,000,000 | | | Plus: Waiver of deferred underwriting fee payable allocated to Class A ordinary shares subject to possible redemption | | | 7,700,000 | | | | — | | | Accretion of carrying value to redemption value | | | 1,711,000 | | | | — | | | Class A ordinary shares subject to possible redemption as of December 31, 2025 | | $ | 233,705,000 | | | | 22,000,000 | |
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