v3.26.1
Initial Public Offering
3 Months Ended
Feb. 28, 2026
Initial Public Offering [Abstract]  
Initial Public Offering

Note 3 — Initial Public Offering

 

Pursuant to the Initial Public Offering on March 2, 2026, the Company sold 23,000,000 Units, which includes the full exercise by the underwriters of their over-allotment option of 3,000,000 at a purchase price of $10.00 per Public Unit, generating gross proceeds of $230,000,000. Each Unit consists of one Class A ordinary share, and one-third of one redeemable Public Warrant. Each whole Public Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment. Each Public Warrant becomes exercisable at the later of 12 months from the closing the Initial Public Offering and 30 days after the completion of the initial Business Combination and will expire five years after the completion of the initial Business Combination, or earlier upon redemption or liquidation.