| Schedule of condensed balance sheet are reconciled |
The Class A ordinary shares subject to possible redemption is reflected on the balance sheet at December 31, 2025 as follows: | | | | Gross proceeds from Initial Public Offering | | $ | 143,750,000 | Less: | | | | Proceeds allocated to public warrants | | | (354,359) | Offering costs allocated to Class A ordinary shares subject to possible redemption | | | (8,642,235) | Plus: | | | | Accretion of Class A ordinary shares subject to possible redemption | | | 18,948,600 | Class A ordinary shares subject to possible redemption at December 31, 2023 | | | 153,702,006 | Redemption of Class A ordinary shares | | | (75,921,158) | Re-measurement of Class A ordinary shares subject to possible redemption | | | 4,823,235 | Class A ordinary shares subject to possible redemption at December 31, 2024 | | | 82,604,083 | Redemption of Class A ordinary shares | | | (73,533,953) | Re-measurement of Class A ordinary shares subject to possible redemption | | | 863,199 | Class A ordinary shares subject to possible redemption at December 31, 2025 | | $ | 9,933,329 |
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| Schedule of reconciliation of net income (loss) per common share |
| | | | | | Year Ended | | | December 31, 2025 | Net loss | | $ | (510,230) | Accretion of temporary equity to redemption value | | | (863,199) | Net loss including accretion of temporary equity to redemption value | | $ | (1,373,429) |
| | | | | | | | | | | | Year Ended | | | December 31, 2025 | | | | | | | | | Class B Non- | | | Class A Redeemable | | Class A Non-redeemable | | redeemable | Basic and diluted net income (loss) per share: | | | | | | | | | | Numerator: | | | | | | | | | | Allocation of net loss by class | | $ | (64,093) | | $ | (61,248) | | $ | (384,889) | | | | | | | | | | | Less: Accretion allocation based on ownership percentage | | $ | (108,432) | | $ | (103,618) | | | (651,149) | Allocation of accretion of temporary equity to redeemable shares | | | 863,199 | | | — | | | — | Total net income (loss) by class | | $ | 690,674 | | $ | (164,866) | | | (1,036,038) | | | | | | | | | | | Denominator: | | | | | | | | | | Weighted average shares outstanding | | | 1,081,184 | | | 762,500 | | | 4,791,667 | Basic and diluted net income (loss) per share | | $ | 0.64 | | $ | (0.22) | | | (0.22) |
| | | | | | Year Ended | | | December 31, 2024 | Net income | | $ | 2,820,574 | Accretion of temporary equity to redemption value | | | (4,823,235) | Net loss including accretion of temporary equity to redemption value | | $ | (2,002,661) |
| | | | | | | | | | | | Year Ended | | | December 31, 2024 | | | | | | | | | Class B Non- | | | Class A Redeemable | | Class A Non-redeemable | | redeemable | Basic and diluted net income (loss) per share: | | | | | | | | | | Numerator: | | | | | | | | | | Allocation of net income by class | | $ | 1,597,989 | | $ | 167,842 | | $ | 1,054,743 | | | | | | | | | | | Less: Accretion allocation based on ownership percentage | | $ | (2,732,591) | | $ | (287,013) | | | (1,803,631) | Allocation of accretion of temporary equity to redeemable shares | | | 4,823,235 | | | — | | | — | Total net income (loss) by class | | $ | 3,688,633 | | $ | (119,171) | | | (748,888) | | | | | | | | | | | Denominator: | | | | | | | | | | Weighted average shares outstanding | | | 7,415,143 | | | 762,500 | | | 4,791,667 | Basic and diluted net income (loss) per share | | $ | 0.50 | | $ | (0.16) | | | (0.16) |
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