| Schedule of Ordinary Shares Subject to Possible Redemption |
As of June 30, 2026 and December 31, 2025, the ordinary shares subject to possible redemption reflected in the balance sheets are reconciled in the following table: | | | Shares | | | Amount | | | Gross proceeds | | | 20,000,000 | | | $ | 200,000,000 | | | Less: | | | | | | | | | | Proceeds allocated to Public Rights | | | | | | | (2,978,000 | ) | | Proceeds allocated to over-allotment option | | | | | | | (305,179 | ) | | Ordinary share issuance cost | | | | | | | (7,703,027 | ) | | Plus: | | | | | | | | | | Gross proceeds from exercise of over-allotment option | | | 3,000,000 | | | | 30,000,000 | | | Less: | | | | | | | | | | Proceeds allocated to Public Rights from exercise of over-allotment option | | | | | | | (446,700 | ) | | Ordinary share issuance cost from exercise of over-allotment option | | | | | | | (1,047,367 | ) | | Plus: | | | | | | | | | | Exercise of over-allotment option | | | | | | | 305,179 | | | Plus: | | | | | | | | | | Accretion and remeasurement of redeemable ordinary shares to redemption amount | | | | | | | 22,081,750 | | | Ordinary shares subject to possible redemption, December 31, 2025 | | | 23,000,000 | | | $ | 239,906,656 | | | Accretion and remeasurement of redeemable ordinary shares to redemption amount | | | | | | | 2,113,760 | | | Ordinary shares subject to possible redemption, March 31, 2026 | | | 23,000,000 | | | $ | 242,020,416 | | | Accretion and remeasurement for redeemable ordinary shares to redemption amount | | | | | | | 1,863,831 | | | Redemption of Ordinary shares by shareholders | | | (9,440,230 | ) | | | (99,311,220 | ) | | Extension Deposits | | | | | | | 600,000 | | | Ordinary shares subject to possible redemption, June 30, 2026 | | | 13,559,770 | | | $ | 145,173,027 | |
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| Schedule of Basic and Diluted Net Income Per Ordinary Share |
The following table presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per ordinary share for each class of ordinary shares for the three and six months ended June 30, 2026 and 2025: | | | For the Three Months Ended June 30, 2026 | | | | | Redeemable shares | | | Non-redeemable shares | | | Basic net income per share: | | | | | | | | Numerator: | | | | | | | | Allocation of net income | | $ | 1,126,250 | | | $ | 600,647 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 20,095,314 | | | | 10,717,143 | | | Basic net income per ordinary share | | $ | 0.06 | | | $ | 0.06 | | | | | | | | | | | | | Diluted net income per share: | | | | | | | | | | Numerator: | | | | | | | | | | Allocation of net income | | $ | 1,126,250 | | | $ | 600,647 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 20,095,314 | | | | 10,717,143 | | | Diluted net income per ordinary share | | $ | 0.06 | | | $ | 0.06 | | | | | For the Three Months Ended June 30, 2025 | | | | | Redeemable shares | | | Non-redeemable shares | | | Basic net income per share: | | | | | | | | Numerator: | | | | | | | | Allocation of net income | | $ | 1,570,460 | | | $ | 718,119 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 23,000,000 | | | | 10,517,143 | | | Basic net income per ordinary share | | $ | 0.07 | | | $ | 0.07 | | | | | | | | | | | | | Diluted net income per share: | | | | | | | | | | Numerator: | | | | | | | | | | Allocation of net income | | $ | 1,570,460 | | | $ | 718,119 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 23,000,000 | | | | 10,517,143 | | | Diluted net income per ordinary share | | $ | 0.07 | | | $ | 0.07 | | | | | For the Six Months Ended June 30, 2026 | | | | | Redeemable shares | | | Non-redeemable shares | | | Basic net income per share: | | | | | | | | Numerator: | | | | | | | | Allocation of net income | | $ | 2,468,929 | | | $ | 1,228,427 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 21,539,633 | | | | 10,717,143 | | | Basic net income per ordinary share | | $ | 0.11 | | | $ | 0.11 | | | | | | | | | | | | | Diluted net income per share: | | | | | | | | | | Numerator: | | | | | | | | | | Allocation of net income | | $ | 2,468,929 | | | $ | 1,228,427 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 21,539,633 | | | | 10,717,143 | | | Diluted net income per ordinary share | | $ | 0.11 | | | $ | 0.11 | | | | | For the Six Months Ended June 30, 2025 | | | | | Redeemable shares | | | Non-redeemable shares | | | Basic net income per share: | | | | | | | | Numerator: | | | | | | | | Allocation of net income | | $ | 2,320,616 | | | $ | 1,222,506 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 19,110,497 | | | | 10,067,451 | | | Basic net income per ordinary share | | $ | 0.12 | | | $ | 0.12 | | | | | | | | | | | | | Diluted net income per share: | | | | | | | | | | Numerator: | | | | | | | | | | Allocation of net income | | $ | 2,292,576 | | | $ | 1,250,456 | | | Denominator: | | | | | | | | | | Weighted-average shares outstanding | | | 19,110,497 | | | | 10,424,325 | | | Diluted net income per ordinary share | | $ | 0.12 | | | $ | 0.12 | |
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