Initial Public Offering |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Initial Public Offering | |
| Initial Public Offering | Note 3 — Initial Public Offering
In the Initial Public Offering that closed on October 6, 2025, the Company sold Units, which included the full exercise by the underwriters of their over-allotment option in the amount of Units, at a purchase price of $ per Unit, generating gross proceeds of $138,000,000. Each Unit was sold at a price of $10.00 and consists of one Class A ordinary share, one Public Right entitling the holder thereof to receive one fifth (1/5) of one Class A ordinary share upon the consummation of an initial Business Combination. Each five Public Rights entitle the holder thereof to receive one Class A ordinary share at the closing of an initial Business Combination. The Company will not issue fractional ordinary shares.
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