| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
Accordingly, at June 30, 2026 and December 31, 2025, Class A ordinary
shares subject to possible redemption are presented at redemption value as temporary equity, outside of the shareholders’ deficit
section of the Company’s condensed balance sheets, as reconciled in the following table:
| Particular | |
Amount | |
| Gross proceeds | |
$ | 143,750,000 | |
| Less: Proceeds allocated to public warrants | |
| (2,824,688 | ) |
| Less: Ordinary share issuance cost | |
| (8,118,430 | ) |
| Add: Remeasurement of carrying value to redemption value | |
| 10,943,118 | |
| Ordinary shares subject to possible redemption, December 8, 2025 | |
| 143,750,000 | |
| Add: Subsequent remeasurement of carrying value to redemption value | |
| 337,613 | |
| Ordinary shares subject to possible redemption, December 31, 2025 | |
| 144,087,613 | |
| Add: Subsequent remeasurement of carrying value to redemption value | |
| 2,510,217 | |
| Ordinary shares subject to possible redemption, June 30,
2026 | |
$ | 146,597,830 | |
|
| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
The following table reflects the calculation of basic and diluted net
income (loss) per ordinary share (in dollars, except per share amounts):
| | |
For the Three Months Ended
June 30, 2026 | | |
For the Period from June 20, 2025
(Inception) through June 30, 2025 | |
| | |
Redeemable | | |
Non-Redeemable | | |
Redeemable | | |
Non-Redeemable | |
| Particulars | |
Shares | | |
Shares | | |
Shares | | |
Shares | |
| Weighted-average shares outstanding | |
| 14,375,000 | | |
| 5,264,167 | | |
| - | | |
| 4,791,667 | |
| Ownership percentage | |
| 73 | % | |
| 27 | % | |
| 0 | % | |
| 100 | % |
| Numerators: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net income (loss) | |
$ | 823,629 | | |
$ | 301,615 | | |
$ | - | | |
$ | (6,014 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominators: | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 14,375,000 | | |
| 5,264,167 | | |
| - | | |
| 4,791,667 | |
| Basic and diluted net income (loss) per share | |
$ | 0.06 | | |
$ | 0.06 | | |
$ | - | | |
$ | (0.00 | ) |
| | |
For the Six Months Ended
June 30, 2026 | | |
For the Period from June 20, 2025
(Inception) through June 30, 2025 | |
| | |
Redeemable | | |
Non-Redeemable | | |
Redeemable | | |
Non-Redeemable | |
| Particulars | |
Shares | | |
Shares | | |
Shares | | |
Shares | |
| Weighted-average shares outstanding | |
| 14,375,000 | | |
| 5,264,167 | | |
| - | | |
| 4,791,667 | |
| Ownership percentage | |
| 73 | % | |
| 27 | % | |
| 0 | % | |
| 100 | % |
| Numerators: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net income (loss) | |
$ | 1,610,184 | | |
$ | 589,654 | | |
$ | - | | |
$ | (6,014 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominators: | |
| | | |
| | | |
| | | |
| | |
| Weighted-average shares outstanding | |
| 14,375,000 | | |
| 5,264,167 | | |
| - | | |
| 4,791,667 | |
| Basic and diluted net income (loss) per share | |
$ | 0.11 | | |
$ | 0.11 | | |
$ | - | | |
$ | (0.00 | ) |
|