v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash $ 578,224
Prepaid expenses 369,873 19,876
Total current assets 948,097 19,876
Prepaid insurance – long-term 245,605
Marketable securities and cash held in Trust Account 416,522,490
Total Assets 417,716,192 19,876
Current Liabilities    
Accrued expenses 3,561
Accrued offering costs 75,000
IPO Promissory Note 4,503
Total current liabilities 78,561 4,503
Deferred underwriting fee payable 16,990,000
Total Liabilities 17,068,561 4,503
Commitments and Contingencies (Note 6)
Class A Ordinary Shares subject to possible redemption, 41,400,000 shares at a redemption value of $10.04 per share 415,522,490
Shareholders’ (Deficit) Equity    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding at June 30, 2026 and December 31, 2025
Additional paid-in capital   23,620
Accumulated deficit (14,876,274) (9,627)
Total Shareholders’ (Deficit) Equity (14,874,859) 15,373
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ (Deficit) Equity 417,716,192 19,876
Class A Ordinary Shares    
Shareholders’ (Deficit) Equity    
Ordinary Shares, value 35
Class B Ordinary Shares    
Shareholders’ (Deficit) Equity    
Ordinary Shares, value [1],[2] $ 1,380 $ 1,380
[1] Includes up to 1,800,000 Class B Ordinary Shares subject to forfeiture if the Over-Allotment Option was not exercised in full or in part by the Underwriter. On April 29, 2026, the Underwriter exercised its Over-Allotment Option in full as part of the closing of the Initial Public Offering. As such, the 1,800,000 Class B Ordinary Shares are no longer subject to forfeiture (Notes 5 and 9).
[2] On April 21, 2026, the Company issued, through a share capitalization, an additional 5,750,000 Class B Ordinary Shares to the Sponsor, and on April 23, 2026, the Sponsor surrendered, for cancellation and for no consideration, such 5,750,000 additional Class B Ordinary Shares, resulting in the Sponsor holding 11,500,000 Class B Ordinary Shares. On April 27, 2026, the Company issued, through a share recapitalization, an additional 2,300,000 Class B Ordinary Shares to the Sponsor, resulting in the Sponsor holding a total of 13,800,000 Class B Ordinary Shares. All share and per share amounts have been retroactively presented (Notes 5 and 9).