v3.26.1
Initial Public Offering
3 Months Ended
Jun. 30, 2026
Initial Public Offering  
Initial Public Offering

Note 3 — Initial Public Offering

 

Pursuant to the IPO on June 26, 2026, the Company sold 8,625,000 Units, including the full exercise of the over-allotment option of 1,125,000 Units granted to the underwriters, at a price of $10.00 per Unit generating aggregate gross proceeds of $86,250,000. Each Unit consists of one ordinary share, one right (“Public Right”) and one redeemable warrant (“Public Warrant”). Each Public Right will convert into one-fourth (1/4) of one ordinary share upon the consummation of a Business Combination. Each whole warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per full share, subject to adjustment, terms and limitations as provided herein. The Company will not issue fractional shares upon exercise of the warrant, as disclosed in Note 7.