v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - CANTOR PARTNERS II, INC. - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Dec. 31, 2024
Current Assets:      
Cash $ 1 $ 1  
Total Assets 1 1  
Current Liabilities:      
Total Liabilities 0 0  
Shareholders’ Deficit:      
Ordinary shares 1 1  
Total Stockholder’s Equity/Deficit 1 1  
Total liabilities, mezzanine equity and stockholders’ equity/deficit 1 1  
CANTOR EQUITY PARTNERS II, INC.      
Current Assets:      
Cash 25,000 25,000 $ 0
Prepaid Expense, Current 208,750 145,000 0
Total current assets 233,750 170,000 0
Assets held in Trust Account – U.S. government debt securities 248,753,164 246,617,353 0
Deferred offering costs   0 106,544
Other assets 12,497 48,747 0
Total Assets 248,999,411 246,836,100 106,544
Current Liabilities:      
Accrued expenses 2,545,137 1,244,876 94,586
Note payable – related party 604,841 397,381 79,900
Total Current Liabilities 3,149,978 1,642,257 174,486
Forward sale securities liability 2,983,500 4,608,560 0
Total Liabilities 6,133,478 6,250,817 174,486
Commitments and Contingencies
Shareholders’ Deficit:      
Preference shares 0 0 0
Additional paid-in capital 0 0 24,400
Accumulated deficit (9,510,200) (9,770,799) (92,942)
Accumulated other comprehensive income 22,287 138,047 0
Total Stockholder’s Equity/Deficit (9,487,255) (9,632,094) (67,942)
Total liabilities, mezzanine equity and stockholders’ equity/deficit 248,999,411 246,836,100 106,544
CANTOR EQUITY PARTNERS II, INC. | Class A      
Current Liabilities:      
Class A ordinary shares subject to possible redemption 252,353,188 250,217,377 0
Shareholders’ Deficit:      
Ordinary shares 58 58 0
CANTOR EQUITY PARTNERS II, INC. | Class B      
Shareholders’ Deficit:      
Ordinary shares $ 600 $ 600 [1] $ 600 [1]
[1] The number of shares and the amount have been retroactively adjusted to reflect the capitalization of the Company in the form of the issuance of 1,000,000 Class B ordinary shares on May 1, 2025 (See Note 7).