SCHEDULED OF ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION
| | |
Amount | |
| Ordinary shares subject to possible redemption — December 31, 2025 | |
$ | 60,429,224 | |
| Add: | |
| | |
| Interest earned on cash and investments held in Trust Account | |
| 531,350 | |
| Ordinary shares subject to possible redemption — March 31, 2026 | |
$ | 60,960,574 | |
|
As
of December 31, 2025, ordinary shares subject to possible redemption are reconciled as follows:
SCHEDULED OF ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION
| | |
As of
December 31, 2025 | |
| Gross Proceeds | |
$ | 60,000,000 | |
| Less: | |
| | |
| Gross proceeds allocated to Public Rights | |
| (874,000 | ) |
| Offering costs allocated to Public Shares | |
| (1,930,704 | ) |
| Add: | |
| | |
| Remeasurement of carrying value to redemption value | |
| 3,233,928 | |
| Ordinary shares subject to possible redemption | |
$ | 60,429,224 | |
|