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

Note 9 — Segment Information

 

FASB ASC Topic 280, “Segment Reporting” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities from which it may recognize revenues and incur expenses, and 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 Financial Officer, who reviews the assets, operating results, and financial metrics 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 reportable 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 unaudited condensed statements of operations as net income or loss. The measure of segment assets is reported on the balance sheet 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:

 

    June 30,
 2026		     December 31,
2025		  
Cash and cash equivalents   $ 951,192     $ 1,186,244  
Marketable securities held in Trust Account   $ 283,165,973     $ 278,235,039  

 

    For the
Three Months
Ended
June 30,		     For the
Six Months
Ended
June 30,		     For the
Period from June 9, 2025
(Inception) Through
June 30,		  
    2026     2026     2025  
General and administrative costs   $ 122,707     $ 311,591     $ 18,806  
Interest earned on cash held in operating bank account   $ 8,341     $ 17,947     $ —  
Interest earned on marketable securities held in Trust Account   $ 2,484,432     $ 4,930,934     $ —  

 

General and administrative costs are reviewed and monitored by the CODM to manage and forecast cash to ensure that enough capital is available to complete a Business Combination or similar transactions within the Combination Period. The CODM also reviews general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

 

General and administrative costs, as reported on the statements of operations, are the significant segment expenses provided to the CODM on a regular basis.

 

All other segment items included in net income or loss are reported on the statements of operations and described within their respective disclosures.