v3.26.1
Unaudited Condensed Consolidated Statements of Operations - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2026
General and administrative costs $ 22,045 $ 693,551 $ 1,067,224
Subscription Agreement expense 39,072,918 39,072,918
Loss from operations (22,045) (39,766,469) (40,140,142)
Other income (expense):      
Change in fair value of Subscription Agreement liability (98,699,277) (98,699,277)
Interest earned on marketable securities and cash held in Trust Account 3,785,002 7,330,048
Other expense, net (94,914,275) (91,369,229)
Net loss $ (22,045) $ (134,680,744) $ (131,509,371)
Class A Ordinary Shares      
Other income (expense):      
Basic weighted average shares outstanding 41,900,000 41,900,000
Diluted weighted average shares outstanding 41,900,000 41,900,000
Basic net loss per share $ (2.42) $ (2.36)
Diluted net loss per share $ (2.42) $ (2.36)
Class B Ordinary Shares      
Other income (expense):      
Basic weighted average shares outstanding [1] 12,000,000 [2] 13,800,000 13,800,000
Diluted weighted average shares outstanding [1] 12,000,000 [2] 13,800,000 13,800,000
Basic net loss per share $ (0) $ (2.42) $ (2.36)
Diluted net loss per share $ (0) $ (2.42) $ (2.36)
[1] In November 2025 and December 2025, the Company issued an aggregate of 25,175,000 Class B Ordinary Shares to the Sponsor by way of a share capitalization, resulting in the total number of outstanding Class B Ordinary Shares increasing to 13,800,000. All share and per share data has been retrospectively presented.
[2] The period from June 4, 2025 (Inception) to June 30, 2025 excludes up to 1,800,000 Class B Ordinary Shares subject to forfeiture if the Over-Allotment Option was not exercised in full or in part by the Underwriter (see Note 7).