| Schedule of reconciliation of common stock reflected on balance sheet |
|
|
|
|
| Gross proceeds from Initial Public Offering |
|
$ |
220,000,000 |
|
| Less: |
|
|
|
|
| Proceeds allocated to Public Warrants |
|
|
(3,734,531 |
) |
| Offering costs allocated to over-allotment option liability |
|
|
(102,000 |
) |
| Offering costs allocated to Public Shares |
|
|
(13,384,663 |
) |
| Plus: |
|
|
|
|
| Accretion of Public Shares |
|
|
17,866,648 |
|
| Public Shares at December 31, 2025 |
|
|
220,645,454 |
|
| Plus: |
|
|
|
|
| Remeasurement of Public Shares |
|
|
1,819,895 |
|
| Public Shares at March 31, 2026 |
|
$ |
222,465,349 |
|