v3.26.1
Fair Value Measurement
 6 Months Ended
Jun. 30, 2026
Fair Value Measurement [Abstract]  
FAIR VALUE MEASUREMENT

NOTE 8 — FAIR VALUE MEASUREMENT

 

The Company classifies its U.S. Treasury and equivalent securities as held-to-maturity in accordance with ASC Topic 320 “Investments - Debt and Equity Securities.” Held-to-maturity securities are those securities which the Company has the ability and intent to hold until maturity. Held-to-maturity treasury securities are recorded at amortized cost on the accompanying condensed balance sheets and adjusted for the amortization or accretion of premiums or discounts.

 

At June 30, 2026, assets held in the Trust Account were comprised of $98,235,059 marketable securities held in Trust Account. During the period ended June 30, 2026, the Company did not withdraw any interest income from the Trust Account.

 

At December 31, 2025, assets held in the Trust Account were comprised of $309,180,211 marketable securities held in Trust Account. During the year ended December 31, 2025, the Company did not withdraw any interest income from the Trust Account.

 

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at June 30, 2026 and December 31, 2025:

 

    June 30,
2026		     Quoted
Prices in
Active Markets
(Level 1)		     Significant
Other
Observable
Inputs
(Level 2)		     Significant
Other
Unobservable
Inputs
(Level 3)		  
Assets:                        
Marketable securities held in Trust Account   $ 98,235,059     $ 98,235,059     $             —     $            —  

 

    December 31,
2025		     Quoted
Prices in
Active Markets
(Level 1)		     Significant
Other
Observable
Inputs
(Level 2)		     Significant
Other
Unobservable
Inputs
(Level 3)		  
Assets:                        
Marketable securities held in Trust Account   $ 309,180,211     $ 309,180,211     $         —     $          —