v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information

Note 9 — Segment Information

 

ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statements information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance.

 

The Company’s CODM has been identified as the Chief Executive Officer, who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment.

 

The CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statements of operations as net income or loss. The measure of segment assets is reported on the condensed balance sheets as total assets, consisting primarily of cash and cash held in Trust Account. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics, which include net income or loss comprised of interest earned on cash held in Trust Account and general and administrative expenses.

 

   June 30,
2026		   December 31,
2025		 
         
Cash   $924,963   $1,395,995 
Cash held in Trust Account  $146,597,830   $144,087,613 

 

   For the
Three
Months
Ended
June 30,
2026		   For the
Period
from
June 20,
2025
(Inception)
through
June 30,
2025		   For the
Six
Months
Ended
June 30,
2026		   For the
Period
from
June 20,
2025
(Inception)
through
June 30,
2025		 
                 
Interest earned on cash held in Trust Account  $1,259,745   $-   $2,510,217   $- 
General and administrative expenses  $134,501   $6,014   $310,379   $6,014 

 

The key measure of segment profit or loss reviewed by the CODM is net income or loss, which is comprised of interest earned on cash held in Trust Account and general and administrative expenses. Net income or loss is reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination within the Completion Window.

 

The CODM reviews interest earned on cash held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement. The CODM reviews general and administrative expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and the budget.