Significant Accounting Policies (Tables)
|
6 Months Ended |
12 Months Ended |
Mar. 31, 2026 |
Sep. 30, 2025 |
| Significant Accounting Policies [Abstract] |
|
|
| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
Accordingly, as of March 31, 2026 and September
30, 2025, Class A 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 | |
| Class A ordinary shares subject to possible redemption – September 30, 2024 | |
| 5,750,000 | | |
| 55,929,275 | |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 2,180,512 | |
| Remeasurement of carrying value to redemption value | |
| — | | |
| 2,230,500 | |
| Cash deposited in trust account for term extension | |
| — | | |
| 450,000 | |
| Less: | |
| | | |
| | |
| Public shareholder redemptions | |
| (2,819,767 | ) | |
| (29,451,965 | ) |
| Class A ordinary shares subject to possible redemption – September 30, 2025 | |
| 2,930,233 | | |
$ | 31,338,322 | |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 299,353 | |
| Cash deposited in trust account for term extension | |
| — | | |
| 450,000 | |
| Class A ordinary shares subject to possible redemption – December 31, 2025 | |
| 2,930,233 | | |
$ | 32,087,675 | |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 272,856 | |
| Cash deposited in trust account for term extension | |
| — | | |
| 450,000 | |
| Class A ordinary shares subject to possible redemption – March 31, 2026 | |
| 2,930,233 | | |
| 32,810,531 | |
|
Accordingly, as of September 30, 2025 and 2024,
Class A 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 | |
| 5,700,000 | | |
$ | 57,500,000 | |
| Less: | |
| | | |
| | |
| Proceeds allocated to Public Rights | |
| — | | |
| (1,265,000 | ) |
| Allocation of offering costs related to redeemable shares | |
| — | | |
| (1,554,984 | ) |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 639,472 | |
| Subsequent measurement of ordinary
shares to redemption value | |
| — | | |
| 609,787 | |
| Class A ordinary shares subject to possible redemption –
September 30, 2024 | |
| 5,700,000 | | |
| 55,929,275 | |
| Plus: | |
| | | |
| | |
| Accretion of carrying value to redemption value | |
| — | | |
| 2,180,512 | |
| Remeasurement of carrying value to redemption value | |
| — | | |
| 2,230,500 | |
| Less: | |
| | | |
| | |
| Public shareholder redemptions | |
| (2,819,767 | ) | |
| (29,451,965 | ) |
| Extension fees | |
| — | | |
| 450,000 | |
| Class A ordinary shares subject to possible
redemption – September 30, 2025 | |
| 2,930,233 | | |
$ | 31,338,322 | |
|
| Schedule of Net Income (Loss) Per Share |
The net income (loss) per share presented
in the unaudited condensed statements of operations is based on the following:
| | |
Three Months Ended
March
31, | | |
Six Months Ended
March 31, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Net income | |
$ | 149,356 | | |
$ | 407,876 | | |
$ | 31,067 | | |
$ | 949,894 | |
| Accretion of Class A ordinary shares to redemption value | |
| (722,856 | ) | |
| (1,303,304 | ) | |
| (1,472,209 | ) | |
| (2,697,208 | ) |
| Net loss including accretion of Class
A ordinary shares to redemption value | |
$ | (573,500 | ) | |
$ | (895,428 | ) | |
$ | (1,441,142 | ) | |
$ | (1,747,314 | ) |
|
The net income (loss) per share presented in
the statement of operations is based on the following:
| | |
For the
Year Ended
September 30,
2025 | | |
For the
Year Ended
September 30,
2024 | |
| Net income | |
$ | 1,370,753 | | |
$ | 255,721 | |
| Accretion of Class A ordinary shares to redemption value | |
| (4,411,012 | ) | |
| (1,249,259 | ) |
| Net loss including accretion of Class A ordinary shares to redemption value | |
$ | (3,040,259 | ) | |
$ | (993,538 | ) |
|
| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
| |
|
For the Three Months Ended March
31, |
|
| |
|
2026 |
|
|
2025 |
|
| |
|
Redeemable
Class A
Ordinary
Shares |
|
|
Non-redeemable
Class A and
Class B
Ordinary
Shares |
|
|
Redeemable
Class A
Ordinary
Shares |
|
|
Non-redeemable
Class A and
Class B
Ordinary
Shares |
|
| Basic and diluted net loss per ordinary share |
|
|
|
|
|
|
|
|
|
|
|
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Allocation of net loss |
|
$ |
(348,235 |
) |
|
$ |
(225,265 |
) |
|
$ |
(673,430 |
) |
|
$ |
(221,998 |
) |
| Accretion of Class A ordinary shares
subject to possible redemption to redemption value |
|
|
722,856 |
|
|
|
— |
|
|
|
1,303,304 |
|
|
|
— |
|
| Allocation of net income (loss) |
|
|
374,621 |
|
|
|
(225,265 |
) |
|
|
629,874 |
|
|
|
(221,998 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted weighted average shares outstanding |
|
|
2,930,233 |
|
|
|
1,895,500 |
|
|
|
5,750,000 |
|
|
|
1,895,500 |
|
| Basic and diluted net income (loss) per ordinary share |
|
$ |
0.13 |
|
|
$ |
(0.12 |
) |
|
$ |
0.11 |
|
|
$ |
(0.12 |
) |
| | |
For the Six Months Ended March
31, | |
| | |
2026 | | |
2025 | |
| | |
Redeemable
Class A
Ordinary
Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | | |
Redeemable
Class
Ordinary
Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | |
| Basic and diluted net income (loss) per ordinary share | |
| | |
| | |
| | |
| |
| Numerator: | |
| | |
| | |
| | |
| |
| Allocation of net loss | |
$ | (875,076 | ) | |
$ | (566,066 | ) | |
$ | (1,314,114 | ) | |
$ | (433,200 | ) |
| Accretion of Class A ordinary shares
subject to possible redemption to redemption value | |
| 1,472,209 | | |
| — | | |
| 2,697,208 | | |
| — | |
| Allocation of net income (loss) | |
| 597,133 | | |
| (566,066 | ) | |
| 1,383,094 | | |
| (433,200 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 2,930,233 | | |
| 1,895,500 | | |
| 5,750,000 | | |
| 1,895,500 | |
| Basic and diluted net income (loss)
per ordinary share | |
$ | 0.20 | | |
$ | (0.30 | ) | |
$ | 0.24 | | |
$ | (0.23 | ) |
|
| | |
For the Year Ended
September
30, 2025 | | |
For the Year Ended
September
30, 2024 | |
| | |
Redeemable
Class A
Ordinary
Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | | |
Redeemable
Class A
Ordinary
Shares | | |
Non-redeemable
Class A and
Class B
Ordinary
Shares | |
| Basic and diluted net income (loss) per ordinary share | |
| | |
| | |
| | |
| |
| Numerator: | |
| | |
| | |
| | |
| |
| Allocation of net loss | |
$ | (2,209,256 | ) | |
$ | (831,003 | ) | |
$ | (469,643 | ) | |
$ | (523,895 | ) |
| Accretion of Class A ordinary shares subject
to possible redemption to redemption value | |
| 4,411,012 | | |
| — | | |
| 1,249,259 | | |
| — | |
| Allocation of net income (loss) | |
| 2,201,756 | | |
| (831,003 | ) | |
| 779,616 | | |
| (523,895 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 5,039,264 | | |
| 1,895,500 | | |
| 1,387,978 | | |
| 1,548,308 | |
| Basic and diluted net income (loss) per
ordinary share | |
$ | 0.44 | | |
$ | (0.44 | ) | |
$ | 0.56 | | |
$ | (0.34 | ) |
|