v3.26.1
Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 92,000 $ 1,088,000
Prepaid expenses 201,000 263,000
Total current assets 293,000 1,351,000
Investments held in Trust Account 233,705,000 224,294,000
Total assets 233,998,000 225,645,000
Current liabilities:    
Accounts payable 12,000 4,000
Accrued liabilities 321,000 129,000
Total current liabilities 1,628,000 386,000
Other liabilities:    
Deferred legal fees 2,094,000 521,000
Deferred underwriting fee payable 7,700,000
Total liabilities 3,722,000 8,607,000
Commitments and contingencies
Shareholders’ deficit:    
Preference shares, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding at December 31, 2025 and December 31, 2024
Additional paid-in capital
Accumulated deficit (3,430,000) (7,257,000)
Total Shareholders’ deficit (3,429,000) (7,256,000)
Total liabilities, Class A ordinary shares subject to possible redemption and Shareholders’ deficit 233,998,000 225,645,000
Related Party    
Current liabilities:    
Notes payable – related party 250,000
Deferred compensation -related parties 1,045,000 253,000
Class A Ordinary Shares    
Other liabilities:    
Class A ordinary shares subject to possible redemption; 22,000,000 shares outstanding at $10.62 and $10.20 per share at December 31, 2025 and 2024, respectively 233,705,000 224,294,000
Shareholders’ deficit:    
Ordinary shares, Value
Class B Ordinary Shares    
Shareholders’ deficit:    
Ordinary shares, Value $ 1,000 $ 1,000