v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Class A Ordinary Shares

The Class A ordinary shares reflected in the condensed balance sheets are reconciled in the following table:

 

Gross proceeds   $ 172,500,000  
Less:        
Proceeds allocated to Public Warrants     (500,250 )
Issuance costs allocated to Class A ordinary shares     (10,881,785 )
Plus:        
Accretion of carrying value to redemption value     16,006,492  
Class A ordinary shares subject to possible redemption at December 31, 2025   $ 177,124,457  
Plus:        
Accretion of carrying value to redemption value     2,972,596  
Class A ordinary shares subject to possible redemption at June 30, 2026   $ 180,097,053  
Schedule of Calculation of Basic and Diluted Net Income Per Share

The following table reflects the calculation of basic and diluted net income per share:

 

    Three Months Ended
June 30, 2026
    Six Months Ended
June 30, 2026
 
    Class A     Class B     Class A     Class B  
Net income per share:                        
Numerator:                        
Net income   $ 1,008,986     $ 336,329     $ 1,788,003     $ 596,001  
Denominator:                                
Weighted Average Ordinary Shares     17,250,000       5,750,000       17,250,000       5,750,000  
Basic and diluted net income per ordinary share   $ 0.06     $ 0.06     $ 0.10     $ 0.10  

 

    Three Months Ended
June 30, 2025
    Six Months Ended
June 30, 2025
 
    Class A     Class B(1)     Class A     Class B(1)  
Basic net income per ordinary share:                        
Numerator:                        
Net income   $ 699,670     $ 329,638     $ 513,323     $ 461,369  
Denominator:                                
Weighted Average Ordinary Shares     11,691,667       5,508,333       5,845,833       5,254,166  
Basic net income per ordinary share   $ 0.06     $ 0.06     $ 0.09     $ 0.09  
    Three Months Ended
June 30, 2025
    Six Months Ended
June 30, 2025
 
    Class A     Class B(1)     Class A     Class B(1)  
Diluted net income per ordinary share:                        
Numerator:                        
Net income   $ 689,976     $ 339,332     $ 507,795     $ 466,897  
Denominator:                                
Weighted Average Ordinary Shares     11,691,667       5,750,000       5,845,833       5,375,000  
Diluted net income per ordinary share   $ 0.06     $ 0.06     $ 0.09     $ 0.09