v3.26.1
COMMITMENTS AND CONTINGENCIES - Additional information (Details)
6 Months Ended
May 13, 2026
May 06, 2026
Feb. 27, 2026
USD ($)
item
$ / shares
shares
Jun. 30, 2026
USD ($)
Feb. 16, 2026
USD ($)
COMMITMENTS AND CONTINGENCIES          
Fee amount per month         $ 25,000
Discretionary bonus         100,000
Number Of shares for each share outstanding     1    
Number of warrant for each warrant outstanding     1    
Number of shares for each warrant | item     1    
Ordinary shares, par value (in dollars per share) | $ / shares     $ 0.01    
Target company, equity value     $ 850,000,000    
Class of shares for each share | shares     1    
Marketing services, fee percentage on gross proceeds     4.50%    
Marketing agreement, lead distribution agent, commission fee percentage on gross proceeds     2.00%    
Marketing agreement, structured fee, threshold period for payment     24 months    
Period within which the company must file a registration statement     30 days    
Period within which the company must have the registration statement declared effective     60 days    
Period within which the company must have the registration statement declared effective after filing with regulatory authority review     90 days    
Period within which the company must have the registration statement declared effective after regulatory authority nonreview     7 days    
Period after which the registration rights agreement terminates pursuant to reverse recapitalization     5 years    
Period during which shareholders are restricted from transferring shares after closing pursuant to reverse recapitalization     180 days    
Commitment period       36 months  
Aggregate commitment amount       $ 200,000,000  
Weighted average price       97.00%  
Commitment fee percentage       1.00%  
Reimburse expenses       $ 75,000  
Quarterly legal fees       7,500  
Additional amount for reimburse expenses       $ 55,000  
Offering fee percentage   6.00%      
Strategic advisory fee percentage   3.00%      
Aggregate sales price 6.00%        
Minimum          
COMMITMENTS AND CONTINGENCIES          
Transaction fee         150,000
Maximum          
COMMITMENTS AND CONTINGENCIES          
Transaction fee         $ 300,000
United States, lucid          
COMMITMENTS AND CONTINGENCIES          
Aggregate sales price 70.00%        
United States, Berenberg          
COMMITMENTS AND CONTINGENCIES          
Aggregate sales price 30.00%        
Europe, lucid          
COMMITMENTS AND CONTINGENCIES          
Aggregate sales price 30.00%        
Europe, Berenberg          
COMMITMENTS AND CONTINGENCIES          
Aggregate sales price 70.00%        
Other investors, lucid          
COMMITMENTS AND CONTINGENCIES          
Aggregate sales price 50.00%        
Other investors, Berenberg          
COMMITMENTS AND CONTINGENCIES          
Aggregate sales price 50.00%        
Fee for the first 10 million of gross proceeds          
COMMITMENTS AND CONTINGENCIES          
Marketing agreement, fee percentage on gross proceeds     30.00%    
Marketing agreement, structured fee, threshold gross proceeds     $ 10,000,000    
Marketing agreement, structured fee, threshold period for payment     12 months    
Fee for gross proceeds exceeding 10 million          
COMMITMENTS AND CONTINGENCIES          
Marketing agreement, structured fee, threshold gross proceeds     $ 10,000,000    
Marketing agreement, structured fee, incremental threshold gross proceeds     10.00%