| Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected on Condensed Balance Sheet |
As of June 30, 2026 and December 31, 2025, the Class A Ordinary Shares Subject to Possible Redemption reflected on the condensed balance sheets are reconciled in the following table:
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As of June 30, 2026 |
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As of December 31, 2025 |
|
Gross proceeds |
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$ |
|
358,800,000 |
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|
$ |
|
358,800,000 |
|
Less: |
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Proceeds allocated to public warrants |
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(1,524,900 |
) |
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|
|
(1,524,900 |
) |
Class A ordinary shares issuance costs |
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|
|
(24,140,108 |
) |
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|
|
(24,140,108 |
) |
Plus: |
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Accretion of Class A ordinary shares subject to possible redemption amount |
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|
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25,665,008 |
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|
|
25,665,008 |
|
Remeasurement of carrying value to redemption value |
|
|
|
14,977,053 |
|
|
|
|
8,842,183 |
|
Class A ordinary shares subject to possible redemption |
|
$ |
|
373,777,053 |
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|
$ |
|
367,642,183 |
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