v3.26.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Valuation of the Public Rights The Public Rights were valued using a Lattice model and the following table presents the quantitative information regarding market assumptions used in the level 3 valuation of the Public Rights:
 

November 4,
2024

Underlying share price

 

$

9.95

 

Pre-adjusted value per share right

 

$

1.00

 

Market adjustment(1)

 

 

3.0

%

Fair value per share right

 

$

0.03

 

(1)      Market adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of Business Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of stock price prior to beginning of the exercise period. The adjustment is determined by comparing traded rights prices to simulated model outputs.
Schedule of Class A Ordinary Share subject to Possible Redemption As of December 31, 2025 and 2024, the Class A ordinary shares subject to possible redemption reflected in the consolidated balance sheets are reconciled in the following table:

Gross proceeds

 

$

250,000,000

 

Less:

  

 

  

 

Proceeds allocated to Public Rights

 

 

(750,000

)

Class A ordinary shares issuance costs

 

 

(11,358,489

)

Plus:

  

 

  

 

Remeasurement of carrying value to redemption value

 

 

13,864,687

 

Class A ordinary shares subject to possible redemption, December 31, 2024

 

 

251,756,198

 

Plus:

  

 

  

 

Remeasurement of carrying value to redemption value

 

 

10,479,542

 

Class A ordinary shares subject to possible redemption, December 31, 2025

 

$

262,235,740

 
Schedule of Basic and Diluted Net Income Per Ordinary Share

The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):

 

For the Year Ended
December 31,
2025

  

For the Period from
June 24, 2024
(Inception) Through
December 31,
2024
   

Class A

  

Class B

  

Class A

  

Class B

Basic and diluted net income per ordinary share

 

 

  

 

  

 

  

 

 

Numerator:

  

 

    

 

    

 

    

 

  

Allocation of net income

 

$

4,525,171

 

$

1,483,176

 

$

721,840

 

$

797,823

Denominator:

 

 

    

 

    

 

    

 

  

Basic and diluted weighted average shares
outstanding

 

 

25,425,000

 

 

8,333,333

 

 

7,500,000

 

 

8,289,473

Basic and diluted net income per ordinary share

  

$

0.18

  

$

0.18

  

$

0.10

  

$

0.10