v3.26.1
Fair Value Measurements (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Fair Value Measurements [Abstract]    
Schedule of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at March 31, 2026 and December 31, 2025, and indicate the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description

 

Level

 

March 31,
2026

Assets:

     

 

 

Cash and marketable securities held in Trust Account

 

1

 

$

233,476,543

Description

 

Level

 

December 31,
2025

Assets:

     

 

 

Cash and marketable securities held in Trust Account

 

1

 

$

231,467,889

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2025, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description

 

Level

 

December 31,
2025

Assets:

     

 

 

Cash and marketable securities held in Trust Account

 

1

 

$

231,467,889

Schedule of Level 3 Valuation of the Public Warrants The following table presents the quantitative information regarding market assumptions used in the Level 3 valuation of the Public Warrants:
 

November 3,
2025

Underlying stock price

 

$

9.79

 

Exercise price

 

$

11.50

 

Volatility

 

 

6.50

%

Probability of de-SPAC and market adjustment

 

 

50.00

%

Risk-free rate

 

 

3.86

%

Expected term to de-SPAC (years)

 

 

2.00

 

Warrant term (years)

 

 

7.00

 

The following table presents the quantitative information regarding market assumptions used in the Level 3 valuation of the Public Warrants:
 

November 3,
2025

Underlying stock price

 

$

9.79

 

Exercise price

 

$

11.50

 

Volatility

 

 

6.50

%

Probability of De-SPAC and market adjustment

 

 

50.00

%

Risk-free rate

 

 

3.86

%

Expected term to De-SPAC (years)

 

 

2.00

 

Warrant term (years)

 

 

7.00