Issuance of Unsecured Promissory Note E |
12 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Issuance of Unsecured Promissory Note E [Abstract] | |
| ISSUANCE OF UNSECURED PROMISSORY NOTE E | NOTE 12. ISSUANCE OF UNSECURED PROMISSORY NOTE E
On April 20, 2025, the Company issued an unsecured promissory note in the aggregate principal amount of up to $3,000,000 (the “Promissory Note E”) to Wei-Hua Chang (the “Promissory Note E Lender”). Pursuant to Promissory Note E, the Promissory Note E Lender agreed to loan to the Company an aggregate amount of up to $3,000,000. The Promissory Note E shall be payable promptly on demand and in any event, no later than the date on which the Company terminates or consummates an initial business combination. The Promissory Note E is convertible into units consisting of one share of Common Stock of the Company and one right to receive one-twentieth of one share of Common Stock of the Company (together, the “Promissory Note E Conversion Securities”), with no fractional Promissory Note E Conversion Securities to be issued upon conversion, and has the right to be converted immediately prior to the closing of the Business Combination. The Promissory Note E does not bear interest. The proceeds of Promissory Note E will be used by the Company to pay various expenses of the Company, including any payment to extend the period of time the Company has to consummate an initial business combination, and for working capital purposes.
As of March 31, 2026 and 2025, $674,672 and $ were outstanding under Promissory Note E, respectively. |