v3.26.1
DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Tables)
12 Months Ended
Mar. 31, 2026
DESCRIPTION OF ORGANIZATION BUSINESS OPERATIONS AND GOING CONCERN  
Schedule of roll forward of amounts held in trust account

 

 

Amount

 

Balance at inception

 

$

 

Initial funding of Trust Account in connection with the Initial Public Offering and full exercise of the over-allotment option

 

 

234,600,000

 

Interest and investment income earned

 

 

16,409

 

Balance at March 31, 2022

 

$234,616,409

 

Interest and investment income earned

 

 

5,825,601

 

Balance at March 31, 2023

 

$240,442,010

 

Redemptions in connection with May 2023 extension vote

 

 

(197,192,734 )

Extension contributions deposited into Trust Account

 

 

450,000

 

Interest and investment income earned

 

 

3,400,608

 

Redemptions in connection with February 2024 extension vote

 

 

(33,616,850 )

Balance at March 31, 2024

 

$13,483,034

 

Redemptions in connection with February 2025 extension vote

 

 

(11,642,099 )

Interest and investment income earned

 

 

541,411

 

Balance at March 31, 2025

 

$2,382,346

 

Redemptions in connection with March 2026 extension vote

 

 

(6,442)

Interest income earned

 

 

81,077

 

Balance at March 31, 2026

 

$2,456,980