v3.26.1
Subsequent Events
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 10. SUBSEQUENT EVENTS 

 

The Company evaluated subsequent events and transactions that occurred after the accompanying condensed balance sheet date up to the date that the accompanying unaudited condensed financial statements were issued. Based upon this review, other than as described below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the accompanying unaudited condensed financial statements.

 

On July 27, 2026, the Company issued an unsecured promissory note (the “Promissory Note”) in the principal amount of up to $1,000,000 to the Sponsor for the Company’s working capital needs. The Promissory Note does not bear interest and matures upon the earlier of the closing of an initial Business Combination by the Company and the Company’s liquidation.

 

Amounts outstanding under the Promissory Note are convertible, at the option of the Sponsor, into units of the Company (the “Conversion Units”), at a conversion price of $10.00 per Conversion Unit, with each unit consisting of one of the Company’s Class A ordinary shares, par value $0.0001 per share, and one right to receive one-tenth of one Class A Ordinary Share upon consummation of the initial Business Combination. The Conversion Units will be identical to the Private Placement Units and are entitled to registration rights.