v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Subsidiary, Sale of Stock [Line Items]  
Schedule of Assets measured at fair value on a recurring basis
             
    Level     Fair Value  
June 30, 2026              
Assets:              
Cash held in money market mutual fund   1     $ 2,161,917  
United States Treasury Bills held in Trust Account   1     $ 237,411,325  
               
December 31, 2025              
Assets:              
Cash held in money market mutual fund   1     $ 3,014,607  
United States Treasury Bills held in Trust Account   1     $ 233,253,391  

 

Non-recurring Fair Value Measurements

 

The following table presents information about the Company’s non-recurring fair value measurements as of the valuation date, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

    Level     Fair Value  
Equity:              
Fair value of Public Warrants for Class A ordinary shares subject to possible redemption allocation at August 28, 2025   3     $ 5,152,349  
Class B ordinary shares (per share) at July 25, 2025   3     $ 5.59  
Public Warrants [Member]  
Subsidiary, Sale of Stock [Line Items]  
Schedule of fair value assumptions
       
    August 28,
2025
 
Implied ordinary share price   $ 9.82  
Exercise price   $ 11.50  
Simulation term (years)     7.00  
Risk-free rate     3.92 %
Estimated implied volatility     2.20 %
Calculated value per warrant   $ 0.24  
Market adjustment     42.63 %
Class B Ordinary Shares [Member]  
Subsidiary, Sale of Stock [Line Items]  
Schedule of fair value assumptions
       
    July 25,
2025
 
Underlying stock price   $ 9.80  
Estimated probability of an initial Business Combination     65.00 %
Estimated volatility     27.50 %
Risk-free rate     3.89 %
Time to expiration (years)     2.50