v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Mar. 31, 2026
FAIR VALUE MEASUREMENTS  
Schedule of company's liabilities that are measured at fair value on a recurring basis

Description

 

Level

 

 

March 31, 2026

 

 

March 31, 2025

 

Liabilities:

 

 

 

 

 

 

 

 

 

Warrant liability – Private Placement Warrants

 

 

3

 

 

$-

 

 

$27,449

 

Warrant liability – Public Warrants

 

 

3

 

 

$1,150,000

 

 

$16,307

 

Schedule of change in warrant liabilities

 

 

Public Warrants

 

 

Private Placement Warrants

 

 

Total

 

Fair value as of March 31, 2025

 

$16,307

 

 

$27,449

 

 

$43,756

 

Change in fair value of warrant liabilities

 

 

1,133,693

 

 

 

440,551

 

 

 

1,574,244

 

Cancellation of Private Placement Warrants recorded as capital contribution

 

 

-

 

 

 

(468,000 )

 

 

(468,000 )

Fair value as of March 31, 2026

 

$1,150,000

 

 

$-

 

 

$1,150,000

 

Schedule of assumptions used to estimate the fair value of the Public warrants

 

 

March 31,

2026

 

Exercise price

 

$11.5

 

Expected term

 

5.25 years

 

Expected volatility - Pre Business Combination

 

 

5%

Expected volatility - Post Business Combination

 

 

50%

Risk-free interest rate

 

 

3.92%

Probability of completing a business combination

 

 

40.00%

Expected dividend yield

 

 

0.00%

Fair value per warrant

 

$0.1