v3.26.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share

The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per Ordinary Share for each class of Ordinary Shares for the three months ended March 31, 2026

 

   For the
Three
Months
Ended
March 31,
 
   2026 
Net income  $1,114,164 
Less: Remeasurement of Class A Ordinary Shares to redemption value   1,808,197 
Net loss including accretion of Class A Ordinary Shares to redemption value  $(694,033)
   For the Three Months Ended 
   March 31, 2026 
   Non-redeemable
Class A and
   Redeemable 
   Class B   Class A 
   Ordinary
Shares
   Ordinary
Shares
 
Total number of Ordinary Shares   7,837,163    20,125,000 
Ownership percentage   28%   72%
           
Net income allocated by class  $312,275   $801,889 
           
Less: Remeasurement of Class A Ordinary Shares to redemption value based on ownership percentage   (506,797)   (1,301,400)
Plus: Accretion applicable to remeasurement of redeemable Class A Ordinary Shares to redemption value       1,808,197 
Total (loss) income based on ownership percentage  $(194,522)  $1,308,685 
           
Weighted average Ordinary Shares outstanding   7,837,163    20,125,000 
Basic and diluted net income (loss) per share  $(0.02)  $0.07 
Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in the Balance Sheet are Reconciled As of March 31, 2026 and December 31, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying balance sheets are reconciled in the following table:
Gross proceeds from Initial Public Offering  $201,250,000 
Less:     
Proceeds allocated to Public Rights   (4,361,306)
Offering costs allocated to Class A Ordinary Shares subject to possible redemption   (13,262,661)
Plus:     
Accretion of Class A Ordinary Shares subject to possible redemption   22,016,067 
Class A Ordinary Shares subject to possible redemption at December 31, 2025   205,642,100 
Accretion of Class A Ordinary Shares subject to possible redemption   1,808,197 
Class A Ordinary Shares subject to possible redemption at March 31, 2026  $207,450,297