v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended 10 Months Ended
Mar. 31, 2026
Dec. 31, 2025
FAIR VALUE MEASUREMENTS    
Schedule of quantitative information regarding market assumptions used in the valuation of the public warrants

  ​ ​ ​

September 5, 2025

 

Underlying stock price

$

9.92

Exercise price

$

11.50

Volatility

 

4.0

%

Remaining term (years)

 

7.01

Risk-free rate

 

3.73

%

Black-Scholes value

$

1.14

Pre-adjusted value per share

$

1.14

Implied market value adjustment

 

21.20

%

  ​ ​ ​

September 5, 2025

 

Underlying stock price

$

9.92

Exercise price

$

11.50

Volatility

 

4.0

%

Remaining term (years)

 

7.01

Risk-free rate

 

3.73

%

Black-Scholes value

$

1.14

Pre-adjusted value per share

$

1.14

Implied market value adjustment

 

21.20

%

Schedule of assets that are measured at fair value on a recurring basis

Description

  ​ ​ ​

Level

  ​ ​ ​

March 31, 2026

Assets:

  ​

  ​

Investments held in Trust Account – U.S. Treasury Securities Money Market Fund

 

1

$

234,715,684

Liability:

Subscription agreement liability

3

$

425,184,274

Description

  ​ ​ ​

Level

  ​ ​ ​

December 31, 2025

Assets:

 

  ​

 

  ​

Investments held in Trust Account – U.S. Treasury Securities Money Market Fund

 

1

$

232,809,646

Description

  ​ ​ ​

Level

  ​ ​ ​

December 31, 2025

Assets:

  ​

  ​

Investments held in Trust Account – U.S. Treasury Securities Money Market Fund

 

1

$

232,809,646