| Schedule of reconciliation of Class A ordinary shares subject to possible redemption |
As of March 31, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed consolidated balances sheet are reconciled in the following table: | | | | | | | | Gross proceeds | | $ | 230,000,000 | Less: | | | | Proceeds allocated to public warrants | | | (1,855,333) | Class A ordinary shares issuance cost | | | (14,190,584) | Plus: | | | | Remeasurement of carrying value to redemption value | | | 18,715,081 | Class A ordinary shares subject to possible redemption, December 31, 2025 | | | 232,669,164 | Plus: | | | | Remeasurement of carrying value to redemption value | | | 1,944,194 | Class A ordinary shares subject to possible redemption, March 31, 2026 | | $ | 234,613,358 |
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As of December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the balance sheet are reconciled in the following table: | | | | | | | | Gross proceeds | | $ | 230,000,000 | Less: | | | | Proceeds allocated to public warrants | | | (1,855,333) | Class A ordinary shares issuance cost | | | (14,190,584) | Plus: | | | | Remeasurement of carrying value to redemption value | | | 18,715,081 | Class A ordinary shares subject to possible redemption, December 31, 2025 | | $ | 232,669,164 |
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| Schedule of calculation of basic and diluted net income per ordinary share |
| | | | | | | | | | | | | | | | For the Three Months Ended | | | March 31, 2026 | | | Class A ordinary | | | | | | shares | | Class B ordinary | | | subject to | | shares not | | | possible | | subject to | | | redemption | | redemption | Basic and diluted net income per share: | | | | | | | Numerator: | | | | | | | Allocation of net income | | $ | (317,489,949) | | $ | (105,829,988) | Denominator: | | | | | | | Basic and diluted weighted-average shares outstanding | | | 23,000,000 | | | 7,666,667 | Basic and diluted net income per ordinary share | | $ | (13.80) | | $ | (13.80) |
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| | | | | | | | | | | | | | | | For the Period from | | | March 12, 2025 (Inception) Through | | | December 31, 2025 | | | Class A ordinary | | | | | | shares | | Class B ordinary | | | subject to | | shares not | | | possible | | subject to | | | redemption | | redemption | Basic net income per share: | | | | | | | Numerator: | | | | | | | Allocation of net income | | $ | 1,331,560 | | $ | 1,027,740 | Denominator: | | | | | | | Basic weighted-average shares outstanding | | | 9,153,061 | | | 7,064,626 | Basic net income per ordinary share | | $ | 0.15 | | $ | 0.15 |
| | | | | | | | | | | | | | | | For the Period from | | | March 12, 2025 (Inception) Through | | | December 31, 2025 | | | | | Non- | | | Class A | | Redeemable | | | Redeemable | | Class A and B | | | Ordinary | | Ordinary | | | Shares | | Shares | Diluted net income per share: | | | | | | | Numerator: | | | | | | | Allocation of net income | | $ | 1,313,380 | | $ | 1,045,920 | Denominator: | | | | | | | Diluted weighted-average shares outstanding | | | 9,153,061 | | | 7,289,116 | Diluted net income per ordinary share | | $ | 0.14 | | $ | 0.14 |
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