v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 1,112,509 $ 1,092,055
Prepaid expenses 49,757 11,023
Prepaid insurance 90,000 90,000
Total Current Assets 1,263,961 1,204,773
Non-current assets:    
Long-term prepaid insurance 45,000
Cash held in the Trust Account 477,159,386 469,017,981
Total Assets 478,423,347 470,267,754
Current liabilities:    
Accrued offering costs 75,000 75,000
Accrued expenses 36,225 77,214
Total Current Liabilities 111,225 152,214
Non-current liabilities:    
Deferred legal fees 1,195,794 879,200
Deferred underwriting fee payable 17,100,000 17,100,000
Total Liabilities 18,407,019 18,131,414
Commitments and Contingencies (Note 6)
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; 0 shares issued or outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (16,644,302) (16,382,885)
Total Shareholders’ Deficit (16,643,058) (16,381,641)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 478,423,347 470,267,754
Class A Ordinary Shares    
Non-current liabilities:    
Class A ordinary shares subject to possible redemption, 46,000,000 shares at a redemption value of $10.36 and $10.19 per share as of June 30, 2026 and December 31, 2025, respectively 476,659,386 468,517,981
Shareholders’ Deficit:    
Ordinary shares, value 95 95
Class B Ordinary Shares    
Shareholders’ Deficit:    
Ordinary shares, value 1,149 1,149
Related Party    
Current assets:    
Due from related Party $ 11,695 $ 11,695