v3.26.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Subject to Possible Redemption

As of March 31, 2026 and December 31, 2025, the Class A ordinary shares reflected on the balance sheets are reconciled in the following table. 

 

   Shares   Amount 
Class A ordinary shares subject to possible redemption - December 31, 2022   20,000,000   $206,356,227 
Plus:          
Remeasurement of carrying value to redemption value        6,243,425 
Less:          
Payment to redeemed shareholders   (18,003,605)   (190,703,967)
Class A ordinary shares subject to possible redemption- December 31, 2023   1,996,395    21,895,685 
Plus:          
Remeasurement of carrying value to redemption value        754,753 
Less:          
Payment to redeemed shareholders   (1,608,417)   (18,165,082)
Class A ordinary shares subject to possible redemption- December 31, 2024   387,978    4,485,356 
Plus:          
Remeasurement of carrying value to redemption value        120,460 
Less:          
Payment to redeemed shareholders   (344,384)   (4,078,486)
Class A ordinary shares subject to possible redemption- December 31, 2025   43,594   $527,330 
Plus:          
Remeasurement of carrying value to redemption value        3,667 
Class A ordinary shares subject to possible redemption- March 31, 2026   43,594   $530,997 
Schedule of Net (Loss) Income Per Share

The net income (loss) per share presented in the statements of operations is based on the following:

 

   For the Three Months Ended
March 31,
 
   2026   2025 
Net income (loss)  $(72,295)  $(60,743)
Accretion of ordinary shares to redemption value   (3,667)   (46,969)
Net loss including accretion of ordinary shares to redemption value  $(75,962)  $(107,712)

 

   For the Three Months Ended March 31, 
   2026   2025 
   Redeemable
shares
   Non-redeemable
shares
   Redeemable
shares
   Non-redeemable
shares
 
Basic and diluted net income (loss) per ordinary share                    
Numerator:                    
Allocation of net loss  $(620)  $(75,342)  $(7,347)  $(100,365)
Remeasurement of ordinary shares subject to possible redemption to redemption value   3,667    
    46,969    
 
Allocation of net income (loss)  $3,047   $(75,342)  $39,622   $(100,365)
                     
Denominator:                    
Basic and diluted weighted average shares outstanding   43,594    5,300,000    387,978    5,300,000 
Basic and diluted net income (loss) per ordinary share  $0.07   $(0.01)  $0.10   $(0.02)