v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Measurements [Abstract]  
Schedule of Assets Measured at Fair Value

The following table presents information about the Company’s assets that are measured at fair value as of March 31, 2026 and December 31, 2025, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

          March 31,     December 31,  
    Level     2026     2025  
Assets:                  
Cash and marketable securities held in Trust Account     1     $ 239,045,028     $ 237,007,209  

  

The following table presents information about the Company’s equity instruments that are measured at fair value on April 3, 2025, the date of the Initial Public Offering, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

    Level     April 3,
2025
 
Equity:            
Fair value of Public Rights for Class A Ordinary Shares subject to possible redemption allocation     3     $ 3,404,000  
Schedule of Quantitative Information Regarding Market Assumptions The following table presents the quantitative information regarding market assumptions used in the valuation of the Public Rights issued in the Initial Public Offering:
    April 3,
2025
 
Underlying share price   $ 9.84  
Pre-adjusted value per Public Right   $ 0.98  
Market adjustment(1)     15.0 %
Fair value per Public Right   $ 0.148  

 

(1) Market adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of Business Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of share price prior to beginning of the exercise period. The adjustment is determined by comparing traded Public Right prices to simulated model outputs. The market adjustment was determined by calibrating traded Public Rights prices as of the valuation dates.