v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Measurements [Abstract]  
Schedule of Company Assets and Liabilities Measured at Fair Value on a Recurring Basis

December 31, 2025

 

   Quoted
Prices in
   Significant 
Other
   Significant 
Other
 
   Active 
Markets
   Observable
Inputs
   Unobservable
Inputs
 
Description  (Level 1)   (Level 2)   (Level 3) 
Assets:            
Investments held in Trust Account - U.S. Treasury Securities  $766,224   $
   $
        —
 
Liabilities:               
Contingently issuable private placement warrants  $
   $29,095   $
 
Derivative liabilities- Public Warrants  $290,950   $
   $
 
Derivative liabilities- Private Placement Warrants  $
   $266,920   $
 

 

December 31, 2024

 

   Quoted
Prices in
   Significant 
Other
   Significant 
Other
 
   Active 
Markets
   Observable
Inputs
   Unobservable
Inputs
 
Description  (Level 1)   (Level 2)   (Level 3) 
Assets:            
Investments held in Trust Account - U.S. Treasury Securities  $5,285,060   $
   $
        —
 
Liabilities:               
Contingently issuable private placement warrants  $
   $4,600   $
 
Derivative liabilities- Public Warrants  $46,000   $
   $
 
Derivative liabilities- Private Placement Warrants  $
   $42,200   $
 
Schedule of Quantitative Information Regarding Level 2 Fair Value Measurements Inputs

The following table provides quantitative information regarding Level 2 fair value measurements inputs at December 31, 2025 measurement date for contingently issuable Private Placement Warrants and Private Placement Warrants:

 

Exercise price  $11.50 
Stock price  $12.08 
Term (years)   5.33 
Volatility   6.0%
Risk-free rate   3.70%
Dividend yield   0.0%

 

The following table provides quantitative information regarding Level 2 fair value measurements inputs at December 31, 2024 measurement date for contingently issuable Private Placement Warrants and Private Placement Warrants:

 

Exercise price  $11.50 
Stock price  $11.02 
Term (years)   5.58 
Volatility   6.0%
Risk-free rate   4.31%
Dividend yield   0.0%
Schedule of Change in the Fair Value of the Derivative Liabilities

The change in the fair value of the derivative liabilities – public and private placement warrants measured using Level 3 inputs for the year ended December 31, 2025 and 2024, is summarized as follows:

 

Derivative liabilities – public and private placement warrants at December 31, 2023  $112,460 
Change in fair value of derivative warrant liabilities - public and Private Placement Warrants   (24,260)
Derivative liabilities – public and private placement warrants at December 31, 2024  $88,200 
Change in fair value of derivative warrant liabilities - public and Private Placement Warrants   469,670 
Derivative liabilities – public and private placement warrants at December 31, 2025  $557,870 
Schedule of Issuable Private Placement Warrants Measured

The change in the fair value of the Contingently issuable private placement warrants measured using Level 3 inputs for the year ended December 31, 2025 and 2024, is summarized as follows:

 

Contingently issuable private placement warrants at December 31, 2023  $5,865 
Change in fair value of contingently issuable private placement warrants   (1,265)
Contingently issuable private placement warrants at December 31, 2024  $4,600 
Change in fair value of contingently issuable private placement warrants   24,495 
Contingently issuable private placement warrants at December 31, 2025  $29,095