v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
General, formation and operational costs $ 773,493 $ 23,187 $ 1,051,452 $ 95,857
Loss from operations (773,493) (23,187) (1,051,452) (95,857)
Other income:        
Interest earned on cash and investments held in Trust Account 2,074,592 3,711,448
Total other income 2,074,592 3,711,448
Net income (loss) $ 1,301,099 $ (23,187) $ 2,659,996 $ (95,857)
Class A        
Other income:        
Basic weighted average ordinary shares outstanding 23,570,000 21,238,901
Basic net income (loss) per ordinary share $ 0.04 $ 0.1
Diluted weighted average ordinary shares outstanding 23,570,000 21,238,901
Diluted net income (loss) per ordinary share $ 0.04 $ 0.1
Class B        
Other income:        
Basic weighted average ordinary shares outstanding [1],[2] 5,750,000 5,000,000 5,675,824 5,000,000
Basic net income (loss) per ordinary share $ 0.04 $ (0) $ 0.1 $ (0.02)
Diluted weighted average ordinary shares outstanding [1],[2] 5,750,000 5,000,000 5,750,000 5,000,000
Diluted net income (loss) per ordinary share $ 0.04 $ (0) $ 0.1 $ (0.02)
[1] For the three and six months ended May 31, 2026, includes up to 750,000 ordinary shares subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. Such shares were excluded for the three and six months ended May 31, 2025. On December 18, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 750,000 ordinary shares are no longer subject to forfeiture (Note 6).
[2] On May 8, 2025, through a share recapitalization, the Company surrendered 6,571,429 ordinary shares, as a result of which the Sponsor has purchased and holds an aggregate of 5,750,000 ordinary shares. All share and per-share data have been retrospectively presented.