| SCHEDULE OF NET INCOME (LOSS) PER COMMON SHARE |
The
following table reflects the calculation of basic and diluted net income per ordinary share:
SCHEDULE
OF NET INCOME (LOSS) PER COMMON SHARE
| | |
For the Three Months Ended June 30, | | |
For the Six Months Ended June 30, | | |
For the Period from March 6, 2025 (Inception) Through June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Basic and diluted net income per ordinary share | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Allocation of net income | |
$ | 1,563,204 | | |
$ | 380,743 | | |
$ | 608,410 | | |
$ | 266,080 | | |
$ | 2,754,815 | | |
$ | 670,978 | | |
$ | 534,451 | | |
$ | 293,944 | |
| Denominator: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Basic and diluted weighted average shares outstanding | |
| 24,788,000 | | |
| 6,037,500 | | |
| 12,944,844 | | |
| 5,661,250 | | |
| 24,788,000 | | |
| 6,037,500 | | |
| 10,043,414 | | |
| 5,523,815 | |
| Basic and diluted net income per ordinary share | |
$ | 0.06 | | |
$ | 0.06 | | |
$ | 0.05 | | |
$ | 0.05 | | |
$ | 0.11 | | |
$ | 0.11 | | |
$ | 0.05 | | |
$ | 0.05 | |
|
| SCHEDULE OF ORDINARY CLASS OF SHARES |
SCHEDULE OF ORDINARY CLASS OF SHARES
| Class A ordinary shares subject to possible redemption | |
| - | |
| Gross proceeds | |
$ | 241,500,000 | |
| Less: | |
| | |
| Proceeds allocated to Public Warrants | |
| (1,907,850 | ) |
| Public Shares issuance costs | |
| (13,854,512 | ) |
| Plus: | |
| | |
| Accretion of carrying value to redemption value | |
| 22,012,880 | |
| Class A ordinary shares subject to possible redemption, December 31, 2025 | |
$ | 247,750,518 | |
| Plus: | |
| | |
| Accretion of carrying value to redemption value | |
| 2,150,115 | |
| Class A ordinary shares subject to possible redemption, March 31, 2026 | |
$ | 249,900,633 | |
| Plus: | |
| | |
| Accretion of carrying value to redemption value | |
| 2,166,061 | |
| Class A ordinary shares subject to possible redemption, June 30, 2026 | |
$ | 252,066,694 | |
|