v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Class A Ordinary Shares Subject to Possible Redemption As of June 30, 2026 and December 31, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying condensed balance sheets are reconciled in the following table:
Gross proceeds   $ 172,500,000  
Less:        
Proceeds allocated to Public Rights     (3,967,500 )

Public Shares issuance costs

    (9,903,745 )
Plus:        
Accretion of carrying value to redemption value     13,871,245  
Class A Ordinary Shares subject to possible redemption, March 12, 2026     172,500,000  
Plus:        
Accretion of carrying value to redemption value     319,182  
Class A Ordinary Shares subject to possible redemption, March 31, 2026     172,819,182  
Plus:        
Accretion of carrying value to redemption value     1,531,168  
Class A Ordinary Shares subject to possible redemption, June 30, 2026   $ 174,350,350  
Schedule of Basic and Diluted Net Income Per Ordinary Share

The following table reflects the calculation of basic and diluted net income per Ordinary Share:

 

    For the Three Months Ended
June 30, 2026
 
   

Class A

Redeemable

   

Class A & Class B

non-redeemable (1)

  
Basic and diluted net income per Ordinary Share:            
Numerator:            
Allocation of net income   $ 977,661     $ 351,179  
                 
Denominator                
Weighted-average Ordinary Shares outstanding     17,250,000       6,196,250  
Basic and diluted net income per Ordinary Share   $ 0.06     $ 0.06  
    For the Six Months Ended
June 30, 2026
 
   

Class A

Redeemable

   

Class A &

Class B

Non-Redeemable (1)

  
Basic net income per Ordinary Share:            
Numerator:            
Allocation of net income   $ 957,686     $ 523,175  
                 
Denominator                
Weighted-average Ordinary Shares outstanding     10,483,425       5,727,003  
Basic net income per Ordinary Share   $ 0.09     $ 0.09  
             
Diluted net income per Ordinary Share:            
Numerator:            
Allocation of net income   $ 940,615     $ 540,246  
                 
Denominator                
Weighted-average Ordinary Shares outstanding     10,483,425       6,021,202  
Diluted net income per Ordinary Share   $ 0.09     $ 0.09  

 

(1) Includes 750,000 Class B Ordinary Shares subject to forfeiture if the Over-Allotment Option was not exercised in full or in part by the Underwriters (see Note 7). On March 12, 2026, the Underwriters exercised their Over-Allotment Option in full, which was settled as part of the closing of the Initial Public Offering. As a result of the full exercise of the Over-Allotment Option, 750,000 Founder Shares are no longer subject to forfeiture by the U.S. Sponsor and the Canada Sponsor (see Note 5).