v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of basic and diluted net income(loss) per share of ordinary share

The following table reflects the calculation of basic and diluted net income(loss) per share of ordinary share (in dollars, except per share amounts):

Net income for six months ended June 30, 2026

  ​ ​ ​

$

3,347,053

  ​ ​ ​

For the six months period ended June 30, 2026

Redeemable

Non- Redeemable

  ​

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Total

Total number of ordinary shares – Basic

 

22,750,000

6,190,000

28,940,000

Ownership percentage

 

79

%  

21

%  

Total income allocated by class

$

2,631,149

$

715,904

$

3,347,053

Less: Accretion allocated based on ownership percentage

 

(4,088,628)

(1,112,466)

(5,201,094)

Plus: Accretion applicable to the redeemable class

 

5,201,094

5,201,094

Total income (loss) by class

$

3,743,615

$

(396,562)

$

3,347,053

Weighted average shares

 

20,392,265

3,252,542

Earnings (loss) per ordinary share - Basic

$

0.18

$

(0.12)

  ​ ​ ​

For the six months period ended June 30, 2026

Redeemable

Non- Redeemable

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Total

Total number of ordinary shares – Diluted

 

34,125,000

7,441,250

41,566,250

Ownership percentage

 

82

%  

18

%  

Total income allocated by class

$

2,747,859

$

599,194

$

3,347,053

Less: Accretion allocated based on ownership percentage

 

(4,269,987)

(931,107)

(5,201,094)

Plus: Accretion applicable to the redeemable class

 

5,201,094

5,201,094

Total income (loss) by class

$

3,678,966

$

(331,913)

$

3,347,053

Weighted average shares

 

30,588,397

7,263,482

Earnings (loss) per ordinary share - Diluted

$

0.12

$

(0.05)

The following table reflects the calculation of basic and diluted net income (loss) per share of ordinary share (in dollars, except per share amounts) for the three months ended June 30, 2026:

Net income for the three months ended June 30, 2026

  ​ ​ ​

$

1,948,659

For the three months period ended June 30, 2026

Redeemable

Non- Redeemable

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Total

Total number of ordinary shares – Basic

 

22,750,000

 

6,190,000

 

28,940,000

Ownership percentage

 

79

%  

21

%  

  ​

Total income allocated by class

$

1,531,859

 

$

416,800

 

$

1,948,659

Less: Accretion allocated based on ownership percentage

 

(1,578,411)

 

(429,467)

 

(2,007,878)

Plus: Accretion applicable to the redeemable class

 

2,007,878

 

 

2,007,878

Total income (loss) by class

$

1,961,325

$

(12,666)

$

1,948,659

Weighted average shares

 

22,750,000

 

6,190,000

 

  ​

Earnings (loss) per ordinary share - Basic

$

0.09

$

(0.002)

 

  ​

For the three months period ended June 30, 2026

Redeemable

Non- Redeemable

  ​ ​ ​

Shares

  ​ ​ ​

Shares

  ​ ​ ​

Total

Total number of ordinary shares – Diluted

 

34,125,000

 

7,441,250

 

41,566,250

Ownership percentage

 

82

%  

18

%  

  ​

Total income allocated by class

$

1,599,807

$

348,852

$

1,948,659

Less: Accretion allocated based on ownership percentage

 

(1,648,425)

 

(359,453)

 

(2,007,878)

Plus: Accretion applicable to the redeemable class

 

2,007,878

 

 

2,007,878

Total income (loss) by class

$

1,959,260

$

(10,601)

$

1,948,659

Weighted average shares

 

34,125,000

 

7,441,250

 

  ​

Earnings (loss) per ordinary share - Diluted

$

0.06

$

(0.001)

 

  ​

Schedule of key metrics included in total assets

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Cash

$

850,213

$

37,181

marketable securities held in Trust Account

$

231,056,147