v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Information [Abstract]  
Segment Information

Note 8 — Segment Information

 

FASB ASC Topic 280, “Segment Reporting,” establishes standards for companies to report, in their financial statements, information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance.

 

The Company’s CODM has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one reportable segment.

 

The measure of segment assets is reported on the condensed balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, CODM reviews several key metrics, which include the following:

 

    June 30,
2026		     December 31,
2025		  
Cash equivalents   $ 669,779     $         389,108  
Prepaid expenses   $ 120,425     $ 88,075  
Marketable securities held in Trust Account   $ 176,163,459     $ 173,095,822  

 

    For the
Three Months Ended
June 30,		     For the
Six Months Ended
June 30,		     For the
Period from
April 7, 2025
(Inception) Through
June 30,		  
    2026     2026     2025  
General and administrative expenses   $ 245,904     $ 440,910     $ 42,482  
Income earned on marketable securities held in Trust Account   $          1,545,617     $          3,067,637     $                   ―  

 

The accounting policies used to measure the net income or loss of the segment are the same as those described in the summary of significant accounting policies.

 

General and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period. The CODM also reviews general and administrative expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative expenses, as reported on the unaudited condensed statements of operations, are the significant segment expenses provided to CODM on a regular basis.

 

The CODM reviews income earned on marketable securities held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement.

 

All other segment items included in net income or loss are reported on the unaudited condensed statements of operations and described within their respective disclosures.