INITIAL PUBLIC OFFERING |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Initial Public Offering | |
| INITIAL PUBLIC OFFERING | NOTE 3 – INITIAL PUBLIC OFFERING
On December 6, 2023, the Company consummated its Initial Public Offering of Units (including the issuance of Units as a result of the underwriter’s full exercise of its over-allotment option), at $ per Unit, generating gross proceeds of $69,000,000. Each Unit consists of one ordinary share and one right (“Public Right”). Each Public Right entitles the holder to receive one-fifth (1/5) of one ordinary share upon consummation of the Company’s initial business combination, so the holder must hold rights in multiples of 5 in order to receive shares for all of the rights upon closing of a business combination.
|