| Schedule of Calculation of Basic and Diluted Net Income per Ordinary Share |
The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts): | | | For the Three Months Ended June 30, 2026 | | | For the Six Months Ended June 30, 2026 | | | | | Class A | | | Class B | | | Class A | | | Class B | | | Basic and diluted net income per share of common stock: | | | | | | | | | | | | | | Numerator: | | | | | | | | | | | | | | Allocation of net income | | $ | 440,240 | | | $ | 136,884 | | | $ | 1,354,960 | | | $ | 421,298 | | | Denominator: | | | | | | | | | | | | | | | | | | Weighted-average shares outstanding | | | 18,492,875 | | | | 5,750,000 | | | | 18,492,875 | | | | 5,750,000 | | | Basic and diluted net income per ordinary share | | $ | 0.02 | | | $ | 0.02 | | | $ | 0.07 | | | $ | 0.07 | | | | | For the Three Months Ended | | | For the Six Months Ended | | | | | June 30, 2025 | | | June 30, 2025 | | | | | Class A | | | Class B | | | Class A | | | Class B | | | Basic net income per share of common stock: | | | | | | | | | | | | | | Numerator: | | | | | | | | | | | | | | Allocation of net income | | $ | 1,242,802 | | | $ | 386,425 | | | $ | 2,105,025 | | | $ | 706,257 | | | Denominator: | | | | | | | | | | | | | | | | | | Weighted-average shares outstanding | | | 18,492,875 | | | | 5,750,000 | | | | 16,951,802 | | | | 5,687,500 | | | Basic net income per ordinary share | | $ | 0.07 | | | $ | 0.07 | | | $ | 0.12 | | | $ | 0.12 | | | | | For the Three Months Ended | | | For the Six Months Ended | | | | | June 30, 2025 | | | June 30, 2025 | | | | | Class A | | | Class B | | | Class A | | | Class B | | | Diluted net income per share of common stock: | | | | | | | | | | | | | | Numerator: | | | | | | | | | | | | | | Allocation of net income | | $ | 1,242,802 | | | $ | 386,425 | | | $ | 2,099,230 | | | $ | 712,052 | | | Denominator: | | | | | | | | | | | | | | | | | | Weighted-average shares outstanding | | | 18,492,875 | | | | 5,750,000 | | | | 16,951,802 | | | | 5,750,000 | | | Diluted net income per ordinary share | | $ | 0.07 | | | $ | 0.07 | | | $ | 0.13 | | | $ | 0.12 | |
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| Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected |
As of June 30, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed consolidated balance sheets are reconciled in the following table: | Gross proceeds | | $ | 172,500,000 | | | Less: | | | | | | Proceeds allocated to Public Warrants | | | (603,750 | ) | | Public Shares issuance costs | | | (10,872,242 | ) | | Plus: | | | | | | Accretion of carrying value to redemption value | | | 20,261,212 | | | Class A ordinary shares subject to possible redemption, December 31, 2025 | | | 181,285,220 | | | Plus: | | | | | | Accretion of carrying value to redemption value | | | 1,449,969 | | | Class A ordinary shares subject to possible redemption, March 31, 2026 | | | 182,735,189 | | | Plus: | | | | | | Accretion of carrying value to redemption value | | | 1,680,837 | | | Class A ordinary shares subject to possible redemption, June 30, 2026 | | $ | 184,416,026 | |
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