| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
The
following tables presents a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per Ordinary
Share for each class of Ordinary Shares for the three months ended June 30, 2026:
| | |
For the Three Months Ended June 30, | |
| | |
2026 | |
| Net income | |
$ | 940,441 | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value | |
| (1,836,231 | ) |
| Net loss including accretion of Class A Ordinary Shares to redemption value | |
$ | (895,790 | ) |
| | |
For the Three Months Ended | |
| | |
June 30, 2026 | |
| | |
Non-redeemable Class A and | | |
Redeemable | |
| | |
Class B | | |
Class A | |
| | |
Ordinary Shares | | |
Ordinary Shares | |
| Total number of Ordinary Shares | |
| 7,837,163 | | |
| 20,125,000 | |
| Ownership percentage | |
| 28 | % | |
| 72 | % |
| | |
| | | |
| | |
| Net income allocated by class | |
$ | 263,584 | | |
$ | 676,857 | |
| | |
| | | |
| | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value based on ownership percentage | |
| (514,654 | ) | |
| (1,321,577 | ) |
| Plus: Accretion applicable to remeasurement of redeemable Class A Ordinary Shares to redemption value | |
| — | | |
| 1,836,231 | |
| Total (loss) income based on ownership percentage | |
$ | (251,070 | ) | |
$ | 1,191,511 | |
| | |
| | | |
| | |
| Weighted average Ordinary Shares outstanding | |
| 7,837,163 | | |
| 20,125,000 | |
| Basic and diluted net (loss) income per Ordinary Share | |
$ | (0.03 | ) | |
$ | 0.06 | |
| | |
For the Six Months Ended June 30, | |
| | |
2026 | |
| Net income | |
$ | 2,054,605 | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value | |
| (3,644,428 | ) |
| Net loss including accretion of Class A Ordinary Shares to redemption value | |
$ | (1,589,823 | ) |
| | |
For the Six Months Ended | |
| | |
June 30, 2026 | |
| | |
Non-redeemable Class A and | | |
Redeemable | |
| | |
Class B | | |
Class A | |
| | |
Ordinary Shares | | |
Ordinary Shares | |
| Total number of Ordinary Shares | |
| 7,837,163 | | |
| 20,125,000 | |
| Ownership percentage | |
| 28 | % | |
| 72 | % |
| | |
| | | |
| | |
| Net income allocated by class | |
$ | 575,859 | | |
$ | 1,478,746 | |
| | |
| | | |
| | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value based on ownership percentage | |
| (1,021,451 | ) | |
| (2,622,977 | ) |
| Plus: Accretion applicable to remeasurement of redeemable Class A Ordinary Shares to redemption value | |
| — | | |
| 3,644,427 | |
| Total (loss) income based on ownership percentage | |
$ | (445,592 | ) | |
$ | 2,500,196 | |
| | |
| | | |
| | |
| Weighted average Ordinary Shares outstanding | |
| 7,837,163 | | |
| 20,125,000 | |
| Basic and diluted net (loss) income per Ordinary Share | |
$ | (0.06 | ) | |
$ | 0.12 | |
| | |
For the
Three Months
Ended | |
| | |
June 30, 2025 | |
| Net income | |
$ | 245,414 | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value | |
| (17,945,104 | ) |
| Net loss including accretion of Class A Ordinary Shares to redemption value | |
$ | (17,699,690 | ) |
| | |
For the Three Months Ended | |
| | |
June 30, 2025 | |
| | |
Non-redeemable Class A and | | |
Redeemable shares | |
| | |
Class B | | |
Class A | |
| | |
Ordinary shares | | |
Ordinary shares | |
| Total number of Ordinary Shares | |
| 7,837,163 | | |
| 20,125,000 | |
| Ownership percentage | |
| 28 | % | |
| 72 | % |
| | |
| | | |
| | |
| Net income allocated by class | |
$ | 21,767 | | |
$ | 223,647 | |
| | |
| | | |
| | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value based on ownership percentage | |
| (5,029,608 | ) | |
| (12,915,496 | ) |
| Plus: Accretion applicable to remeasurement of redeemable Class A Ordinary Shares to redemption value | |
| — | | |
| 17,945,104 | |
| Total (loss) income based on ownership percentage | |
$ | (5,007,841 | ) | |
$ | 5,253,255 | |
| | |
| | | |
| | |
| Weighted average Ordinary Shares outstanding | |
| 6,610,815 | | |
| 3,096,154 | |
| Basic and diluted net (loss) income per Ordinary Share | |
$ | (0.76 | ) | |
$ | 1.70 | |
| | |
For the
Period from February 10, 2025 (inception) through | |
| | |
June 30, 2025 | |
| Net income | |
$ | 183,628 | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value | |
| (17,945,104 | ) |
| Net loss including accretion of Class A Ordinary Shares to redemption value | |
$ | (17,761,476 | ) |
| | |
For the Period from February 10, 2025 (inception) through | |
| | |
June 30, 2025 | |
| | |
Non-redeemable Class A and | | |
Redeemable shares | |
| | |
Class B | | |
Class A | |
| | |
Ordinary shares | | |
Ordinary shares | |
| Total number of Ordinary Shares | |
| 7,837,163 | | |
| 20,125,000 | |
| Ownership percentage | |
| 28 | % | |
| 72 | % |
| | |
| | | |
| | |
| Net (loss) income allocated by class | |
$ | (40,020 | ) | |
$ | 223,648 | |
| | |
| | | |
| | |
| Less: Remeasurement of Class A Ordinary Shares to redemption value based on ownership percentage | |
| (5,029,608 | ) | |
| (12,915,496 | ) |
| Plus: Accretion applicable to remeasurement of redeemable Class A Ordinary Shares to redemption value | |
| — | | |
| 17,945,104 | |
| Total (loss) income based on ownership percentage | |
$ | (5,069,628 | ) | |
$ | 5,253,256 | |
| | |
| | | |
| | |
| Weighted average Ordinary Shares outstanding | |
| 6,415,464 | | |
| 1,998,227 | |
| Basic and diluted net (loss) income per Ordinary Share | |
$ | (0.79 | ) | |
$ | 2.63 | |
|