v3.26.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Summary of class A ordinary shares subject to possible redemption the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:
 
Gross proceeds
   $ 248,500,000  
Less:
  
Proceeds allocated to public warrants
     (3,802,050
Class A ordinary shares issuance cost
     (15,292,366
Plus:
  
Accretion of carrying value to redemption value
     22,166,644  
  
 
 
 
Class A Ordinary Shares subject to possible redemption, June 30, 2026
   $ 251,572,228  
  
 
 
 
Summary of calculation of basic and diluted net income per ordinary share
The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):
 
    
For the Three Months

Ended June 30, 2026
    
For the Six Months

Ended June 30, 2026
 
    
Redeemable
Class A
    
Non-redeemable

Class A and Class B
    
Redeemable
Class A
    
Non-redeemable

Class A and Class B
 
Basic net income per ordinary share
           
Numerator:
           
Allocation of net income
   $ 1,436,725      $ 530,741      $ 1,606,844      $ 784,032  
Denominator:
           
Allocation of net income
     24,850,000        9,179,834        17,985,359        8,775,644  
  
 
 
    
 
 
    
 
 
    
 
 
 
Basic net income per ordinary share
  
$
0.06
 
  
$
0.06
 
  
$
0.09
 
  
$
0.09
 
  
 
 
    
 
 
    
 
 
    
 
 
 
Diluted net income per ordinary share
           
Numerator:
           
Allocation of net income
   $ 1,436,725      $ 530,741      $ 1,593,828      $ 797,048  
Denominator:
           
Diluted weighted average shares outstanding
     24,850,000        9,179,834        17,985,359        8,994,199  
  
 
 
    
 
 
    
 
 
    
 
 
 
Diluted net income per ordinary share
  
$
0.06
 
  
$
0.06
 
  
$
0.09
 
  
$
0.09