| Schedule of Temporary Equity |
As of March 31, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption, as presented in the accompanying consolidated balance sheets, are reconciled in the following table: | | | | | | | | | | Gross proceeds | | $ | 240,000,000 | | | Less: | | | | Issuance costs allocated to Class A ordinary shares subject to possible redemption | | (5,302,338) | | | Plus: | | | | Accretion of carrying value to redemption value | | 15,519,715 | | Class A ordinary shares subject to possible redemption, December 31, 2025 | | $ | 250,217,377 | | | Plus: | | | | Accretion of carrying value to redemption value | | 2,135,811 | | Class A ordinary shares subject to possible redemption, March 31, 2026 | | $ | 252,353,188 | |
As of December 31, 2025 and 2024, the Class A ordinary shares subject to possible redemption, as presented in the accompanying consolidated balance sheets, are reconciled in the following table: | | | | | | Class A ordinary shares subject to possible redemption, December 31, 2024 | $ | — | | | Gross proceeds | 240,000,000 | | | Less: | | | Issuance costs allocated to Class A ordinary shares subject to possible redemption | (5,302,338) | | | Plus: | | | Accretion of carrying value to redemption value | 15,519,715 | | Class A ordinary shares subject to possible redemption, December 31, 2025 | $ | 250,217,377 | |
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| Schedule of Earnings Per Share, Basic and Diluted |
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended March 31, 2026 | | For the Three Months Ended March 31, 2025 | | Class A –
Public
shares | | Class A –
Private
placement
shares | | Class B –
Ordinary
shares | | Class A –
Public
shares | | Class A –
Private
placement
shares | | Class B –
Ordinary
shares | Basic and diluted net income (loss) per ordinary share | | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Allocation of net income (loss) | $ | 1,880,766 | | | $ | 45,452 | | | $ | 470,192 | | | $ | — | | | $ | — | | | $ | (27,148) | | | Denominator: | | | | | | | | | | | | Basic and diluted weighted average number of ordinary shares outstanding | 24,000,000 | | | 580,000 | | | 6,000,000 | | | — | | | — | | | 6,000,000 | | Basic and diluted net income (loss) per ordinary share | $ | 0.08 | | | $ | 0.08 | | | $ | 0.08 | | | $ | — | | | $ | — | | | $ | — | |
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Year Ended December 31, 2025 | | For the Year Ended December 31, 2024 | | Class A –Public shares | | Class A –Private placement shares | | Class B – Ordinary shares | | Class A –Public shares | | Class A –Private placement shares | | Class B –Ordinary shares | Basic and diluted net income (loss) per ordinary share | | | | | | | | | | | | Numerator: | | | | | | | | | | | | Allocation of net income (loss) | $ | 12,486 | | | $ | 302 | | | $ | 4,728 | | | $ | — | | | $ | — | | | $ | (70,682) | | Denominator: | | | | | | | | | | | | Basic and diluted weighted average number of ordinary shares outstanding | 15,846,575 | | | 382,959 | | | 6,000,000 | | | — | | | — | | | 6,000,000 | | Basic and diluted net income (loss) per ordinary share | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | — | | | $ | — | | | $ | (0.01) | |
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