v3.26.1
Fair Value Measurement (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Market Assumptions Used in the Valuation of the Public Warrants The following table presents the quantitative information regarding market assumptions used in the valuation of the public warrants:
 
    
May 4,
2026
 
Market price of public stock
   $ 9.85  
Term (years)
     7.75  
Risk-free rate
     3.83
Dividend yield
     0.00
Volatility
     10.22
Probability of merger
     25.00
The over-allotment liability was measured at fair value using a Black-Scholes option pricing model that incorporated significant unobservable inputs and, accordingly, was classified as a Level 3 fair value measurement. The estimated fair value of the over-allotment option was $0.07 per Unit, or $220,800 in aggregate. The following table presents the quantitative information regarding market assumptions used in the valuation of the over-allotment option:
 
    
May 4,
2026
 
Unit value
   $ 10.00  
Over-allotment option term (days)
     45  
Risk-free rate
     3.64
Dividend yield
     0.00
Volatility
     3.43