SHAREHOLDERS’ DEFICIT |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Stockholders' Equity Note [Abstract] | |
| SHAREHOLDERS’ DEFICIT | 6. SHAREHOLDERS’ DEFICIT
Preferred Shares
The Company is authorized to issue 1,000,000 ordinary
shares of preferred shares with a par value of $0.0001 per share with such designations, voting and other rights and preferences as may
be determined from time to time by the Board of Directors. As of June 30, 2026 and December 31, 2025, there were no preferred shares
issued and outstanding. Class A Ordinary Shares
The Company is authorized to issue 239,000,000 Class A ordinary shares with a par value of $0.0001 per share. As of June 30, 2026 and December 31, 2025, there were 438,000 and no Class A ordinary shares issued or outstanding excluding 16,850,000 and no Class A ordinary share subject to possible redemption.
Class B Ordinary Shares
The Company is authorized to issue 10,000,000 Class B ordinary shares with a par value of $0.0001 per share. At June 30, 2026 and December 31, 2025, there were 5,616,667 and 5,750,000 Class B ordinary shares issued and outstanding. As a result the underwriters partial exercise of the over-allotment options 616,667 Class B ordinary shares are no longer subject to forfeiture and 133,333 Class B ordinary shares were forfeited so that the number of Founder Shares equal 25% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. |