v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
CURRENT ASSETS      
Cash and cash equivalents $ 155,345 $ 348,472 $ 142,260
Prepaid expenses and other assets 53,689 81,665 41,585
Prepaid income taxes 610,912 610,976 601,348
Due from Sponsor 15,510 15,510 15,510
Total current assets 835,456 1,056,623 800,703
Investments held in Trust Account 301,732 297,614 3,666,439
TOTAL ASSETS 1,137,188 1,354,237 4,467,142
CURRENT LIABILITIES      
Accounts payable and accrued expenses 6,141,653 5,894,706 4,805,980
Return of capital subscription shares liability 149,200 147,600
Due to redeeming stockholders 586,001 586,001
Excise tax payable   3,501,166
Total current liabilities 9,310,065 9,061,518 10,085,562
Deferred underwriting fee payable 8,956,250 8,956,250 8,956,250
TOTAL LIABILITIES 18,266,315 18,017,768 19,041,812
COMMITMENTS AND CONTINGENCIES  
STOCKHOLDERS’ DEFICIT      
Preferred stock, value
Additional paid-in capital 376,066 378,820
Accumulated deficit (17,867,561) (17,401,965) (18,861,366)
TOTAL STOCKHOLDERS’ DEFICIT (17,490,512) (17,022,162) (18,860,383)
LIABILITIES, CLASS A COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION AND STOCKHOLDERS’ DEFICIT 1,137,188 1,354,237 4,467,142
Class A Common Stock      
CLASS A COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION      
Common stock subject to possible redemption 361,385 358,631 4,285,713
STOCKHOLDERS’ DEFICIT      
Common stock value 983 983 983
Class B Common Stock      
STOCKHOLDERS’ DEFICIT      
Common stock value
Related Party      
CURRENT LIABILITIES      
Note payable – related party 1,800,000 1,800,000 1,155,205
Convertible note - related party 422,182 422,182 422,182
Due to related party $ 211,029 $ 211,029 $ 201,029