Fair Value Measurements |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Measurements [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FAIR VALUE MEASUREMENTS | NOTE 8. FAIR VALUE MEASUREMENTS
At June 30, 2026 and December 31, 2025, assets held in the Trust Account were held in money market funds invested in U.S. treasury securities. The investments held in the Trust Account are classified as trading securities and presented at fair value on the condensed balance sheets.
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 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
On June 11, 2026 the fair value of the Non-Redemption Agreements was $1,187,449, or $0.76 per non-redeemable Class A Ordinary Share transferred to the NRA Investor. The fair value of non-redeemable Class A Ordinary Share was determined using a Monte Carlo simulation model. The non-redeemable Class A Ordinary Share are classified within shareholders’ deficit and will not require remeasurement. The following table presents the quantitative information regarding market assumptions used in the valuation of the non-redeemable Class A Ordinary Share:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||