v3.26.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2026
General and administrative expenses $ 392,580 $ 460,939
Loss from operations (392,580) (460,939)
Other income:    
Interest earned on cash held in Trust Account 2,243,359 2,243,359
Net income $ 1,850,779 $ 1,782,420
Redeemable Class A Ordinary Shares    
Other income:    
Basic weighted average shares outstanding 26,833,333 14,461,078
Diluted weighted average shares outstanding 26,833,333 14,461,078
Basic net income per share $ 0.06 $ 0.09
Diluted net income per share $ 0.06 $ 0.09
Non-redeemable Class A Ordinary Shares and B Ordinary Shares    
Other income:    
Basic weighted average shares outstanding [1] 5,415,833 4,411,976
Diluted weighted average shares outstanding [1] 5,634,583 4,753,855
Basic net income per share $ 0.06 $ 0.09
Diluted net income per share $ 0.06 $ 0.09
[1] The periods for the three months ended June 30, 2026, and from January 14, 2026 (Inception) to June 30, excluded 656,250 Class B Ordinary Shares subject to forfeiture if the Over-Allotment Option was not exercised in full or in part by the Underwriters. On May 1, 2026, the Company consummated its Initial Public Offering and sold 40,250,000 GRAIL securities, including 5,250,000 GRAIL securities, sold pursuant to the full exercise of the Over-Allotment Option; consequently, such 656,250 Class B Ordinary Shares were no longer subject to forfeiture.