| Schedule of Net Income (Loss) Per Share |
The net income per share presented in the statements of operations is based on the following: | | | For the Three Month Ended March 31, 2026 | | | For the Three Month Ended March 31, 2025 | | | | | Redeemable Ordinary Shares | | | Non-redeemable Ordinary Shares | | | Redeemable Ordinary Shares | | | Non-redeemable Ordinary Shares | | | Basic and diluted net income per ordinary share | | | | | | | | | | | | | | Numerator: | | | | | | | | | | | | | | Allocation of net income | | $ | 38,072 | | | | 23,400 | | | $ | 105,868 | | | $ | 43,931 | | | | | | | | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | | | | | | Basic and diluted weighted average shares outstanding | | | 3,163,456 | | | | 1,944,290 | | | | 4,400,000 | | | | 1,825,813 | (1) | | Basic and diluted net income per ordinary share | | $ | 0.01 | | | | 0.01 | | | $ | 0.02 | | | $ | 0.02 | | | (1) | Ordinary shares have been retroactively restated to reflect the Sponsor’s forfeiture of 225,000 Founder Shares on March 10, 2025 for no consideration as the underwriters of the IPO did not exercise the over-allotment option. |
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| Schedule of Ordinary Shares Subject to Possible Redemption |
Accordingly, as of March 31, 2026 and December 31, 2025, ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of permanent shareholders’ equity on the Company’s balance sheet in the following table: | | | Shares | | | Amount | | | Gross proceeds from IPO | | | 6,000,000 | | | $ | 60,000,000 | | | Less: | | | | | | | | | | Proceeds allocated to Public Rights | | | — | | | | (1,320,000 | ) | | Allocation of offering costs related to redeemable shares | | | — | | | | (1,538,521 | ) | | | | | | | | | | | | Plus: | | | | | | | | | | Accretion of carrying value to redemption value | | | — | | | | 5,090,123 | | | Ordinary shares subject to possible redemption – December 31, 2025 | | | 6,000,000 | | | $ | 62,231,602 | | | Plus: | | | | | | | | | | Accretion of carrying value to redemption value | | | — | | | | 437,400 | | | Redemption of public shareholders | | | (3,449,851 | ) | | | (35,832,096 | ) | | Ordinary shares subject to possible redemption – March 31, 2026 | | | 2,550,149 | | | $ | 26,836,906 | |
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