| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
As
of March 31, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed
balance sheets are reconciled in the following table:
|
Gross
proceeds |
|
$
|
230,000,000
|
|
|
Less:
|
|
|
|
|
|
Proceeds
allocated to Public Warrants |
|
|
(4,830,000
|
)
|
|
Public
Shares issuance costs |
|
|
(14,023,535
|
)
|
|
Plus:
|
|
|
|
|
|
Accretion
of carrying value to redemption value |
|
|
20,321,424
|
|
|
Class A
ordinary shares subject to possible redemption, December 31, 2025 |
|
$
|
231,467,889
|
|
|
Plus:
|
|
|
|
|
|
Accretion
of carrying value to redemption value |
|
|
2,008,654
|
|
|
Class A
ordinary shares subject to possible redemption, March 31, 2026 |
|
$
|
233,476,543
|
|
|
As
of December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the balance sheet are reconciled
in the following table:
|
Gross
proceeds |
|
$
|
230,000,000
|
|
|
Less:
|
|
|
|
|
|
Proceeds
allocated to Public Warrants |
|
|
(4,830,000
|
)
|
|
Public
Shares issuance costs |
|
|
(14,023,535
|
)
|
|
Plus:
|
|
|
|
|
|
Remeasurement
of carrying value to redemption value |
|
|
20,321,424
|
|
|
Class A
ordinary shares subject to possible redemption, December 31, 2025 |
|
$
|
231,467,889
|
|
|
| Schedule of Calculation of Basic and Diluted Net Income Per Ordinary Share |
The
following tables reflect the calculation of basic and diluted net income per Ordinary Share:
|
|
|
For
the
Three Months Ended
March 31, 2026 |
|
Basic
and diluted net income per Ordinary Share |
|
Class A
|
|
Class B
|
|
Basic
and diluted net income per Ordinary Share |
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
Allocation
of net income |
|
$
|
1,310,334
|
|
$
|
424,594
|
|
Denominator:
|
|
|
|
|
|
|
|
Basic
and diluted weighted average Ordinary Shares outstanding |
|
|
23,660,000
|
|
|
7,666,667
|
|
Basic
and diluted net income per Ordinary Share |
|
$
|
0.06
|
|
$
|
0.06
|
|
The
following tables reflect the calculation of basic and diluted net loss per Ordinary Share:
|
|
|
For
the Period from
July 24, 2025
(Inception) Through
December 31, 2025 |
|
Basic
net income per ordinary share |
|
Class A
|
|
Class B
|
|
Basic
net income per ordinary share |
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
Allocation
of net income, as adjusted |
|
$
|
114,136
|
|
$
|
93,542
|
|
Denominator:
|
|
|
|
|
|
|
|
Basic
weighted average ordinary shares outstanding |
|
|
8,576,750
|
|
|
7,029,167
|
|
Basic
net income per ordinary share |
|
$
|
0.01
|
|
$
|
0.01
|
|
|
|
For
the Period from
July 24, 2025
(Inception) Through
December 31, 2025 |
|
Diluted
net income per ordinary share |
|
Class A
|
|
Class B
|
|
Diluted
net income per ordinary share |
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
Allocation
of net income, as adjusted |
|
$
|
112,648
|
|
$
|
95,030
|
|
Denominator:
|
|
|
|
|
|
|
|
Diluted
weighted average ordinary shares outstanding |
|
|
8,576,750
|
|
|
7,235,417
|
|
Diluted
income per ordinary share |
|
$
|
0.01
|
|
$
|
0.01
|
|