v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information
NOTE 8 - 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 inc
o
me or loss that also is reported on the unaudited condensed statements of operations as net income. The measure of segment assets is reported on the condensed balance sheets as total assets
.
When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:
 
    
For the Three Months Ended
June 30,
     
For the Six Months Ended
June 30,
  
    
2026
     
2025
     
2026
     
2025
  
General and administrative expenses
    $ 261,958      $ 269,810      $ 718,496      $ 714,612  
  
 
 
     
 
 
     
 
 
     
 
 
  
Interest earned on cash held in Trust Account
    $ 1,866,579      $ 2,144,153      $ 3,717,238      $ 4,247,746  
  
 
 
     
 
 
     
 
 
     
 
 
  
 
    
June 30, 2026
     
December 31, 2025
  
Cash
    $ 1,179,670      $ 1,434,965  
Cash held in Trust Account
    $ 205,280,770      $ 201,563,532  
The CODM reviews interest earned on the 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. General and administrative expenses are considered the significant segment expenses provided to the CODM on a regular basis and are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination within the Business Combination period. The CODM also reviews general and administrative expenses to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies
.