v3.26.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
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 
Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected in the Balance Sheet are Reconciled As of June 30, 2026, the Class A Ordinary Shares subject to possible redemption reflected in the accompanying condensed balance sheets are reconciled in the following table:
Gross proceeds from Initial Public Offering  $201,250,000 
Less:     
Proceeds allocated to Public Rights   (4,361,306)
Offering costs allocated to Class A Ordinary Shares subject to possible redemption   (13,262,661)
Plus:     
Accretion of Class A Ordinary Shares subject to possible redemption   22,016,067 
Class A Ordinary Shares subject to possible redemption at December 31, 2025   205,642,100 
Plus:     
Accretion of Class A Ordinary Shares subject to possible redemption   3,644,428 
Class A Ordinary Shares subject to possible redemption at June 30, 2026  $209,286,528