As
of June 30, 2026, the ordinary shares reflected in the balance sheet are reconciled in the following table:
SCHEDULED
OF ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION
| | |
| | |
| Gross proceeds from public shares | |
$ | 69,000,000 | |
| Less: | |
| | |
| Proceeds allocated to public
rights | |
| (6,900,000 | ) |
| Allocation
of offering costs related to ordinary shares | |
| (1,958,237 | ) |
| Redeem
the redeemable ordinary shares held by Shareholder | |
| (55,413,505 | ) |
| Plus: | |
| | |
| Accretion of carrying value to redemption
value | |
| 8,858,237 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (Interest earned in Trust Account) | |
| 4,459,583 | |
| Subsequent
measurement of ordinary shares subject to possible redemption (additional funding for business combination extension) | |
| 375,000 | |
| Ordinary shares subject
to possible redemption (plus any interest earned in the Trust Account) | |
| 18,421,078 | |
|