| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
The following tables reflect the calculation of basic net income per ordinary share for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | For the | | For the | | | Six Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | Class A ordinary shares subject to possible redemption | | | | | | | Numerator: Allocation of net income, basic | | $ | 660,835 | | $ | 1,492,948 | Denominator: Basic weighted average shares outstanding | | | 22,500,000 | | | 7,403,315 | Basic net income per Class A ordinary share subject to possible redemption | | $ | 0.03 | | $ | 0.20 | Class B non-redeemable ordinary shares | | | | | | | Numerator: Allocation of net income, basic | | $ | 220,278 | | $ | 1,406,603 | Denominator: Basic weighted average shares outstanding | | | 7,500,000 | | | 6,975,138 | Basic net income per Class B non-redeemable ordinary share | | $ | 0.03 | | $ | 0.20 |
| | | | | | | | | For the | | For the | | | Three Months Ended | | Three Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | Class A ordinary shares subject to possible redemption | | | | | | | Numerator: Allocation of net income, basic | | $ | 1,015,192 | | $ | 1,966,770 | Denominator: Basic weighted average shares outstanding | | | 22,500,000 | | | 14,725,275 | Basic net income per Class A ordinary share subject to possible redemption | | $ | 0.05 | | $ | 0.13 | Class B non-redeemable ordinary shares | | | | | | | Numerator: Allocation of net income, basic | | $ | 338,398 | | $ | 972,377 | Denominator: Basic weighted average shares outstanding | | | 7,500,000 | | | 7,280,220 | Basic net income per Class B non-redeemable ordinary share | | $ | 0.05 | | $ | 0.13 |
The following tables reflect the calculation of diluted net income per ordinary share for the three and six months ended June 30, 2026 and 2025: | | | | | | | | | For the | | For the | | | Six Months Ended | | Six Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | Class A ordinary shares subject to possible redemption | | | | | | | Numerator: Allocation of net income, diluted | | $ | 660,835 | | $ | 1,440,370 | Denominator: Diluted weighted average shares outstanding | | | 22,500,000 | | | 7,403,315 | Diluted net income per Class A ordinary share subject to possible redemption | | $ | 0.03 | | $ | 0.20 | Class B non-redeemable ordinary shares | | | | | | | Numerator: Allocation of net income, diluted | | $ | 220,278 | | $ | 1,459,181 | Denominator: Diluted weighted average shares outstanding | | | 7,500,000 | | | 7,500,000 | Diluted net income per Class B non-redeemable ordinary share | | $ | 0.03 | | $ | 0.19 |
| | | | | | | | | For the | | For the | | | Three Months Ended | | Three Months Ended | | | June 30, | | June 30, | | | 2026 | | 2025 | Class A ordinary shares subject to possible redemption | | | | | | | Numerator: Allocation of net income, diluted | | $ | 1,015,192 | | $ | 1,947,321 | Denominator: Diluted weighted average shares outstanding | | | 22,500,000 | | | 14,725,275 | Diluted net income per Class A ordinary share subject to possible redemption | | $ | 0.05 | | $ | 0.13 | Class B ordinary shares | | | | | | | Numerator: Allocation of net income, diluted | | $ | 338,398 | | $ | 991,826 | Denominator: Diluted weighted average shares outstanding | | | 7,500,000 | | | 7,500,000 | Diluted net income per Class B non-redeemable ordinary share | | $ | 0.05 | | $ | 0.13 |
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| Schedule of Class A Ordinary Shares Subject to Redemption Reflected |
| | | | Gross proceeds | | $ | 225,000,000 | Less: Proceeds allocated to public warrants | | | (3,037,500) | Less: Class A ordinary share issuance costs | | | (13,802,579) | Add: Accretion of carrying value to redemption value | | | 19,698,991 | Add: Remeasurement of carrying value to redemption value | | | 4,601,621 | Class A ordinary shares subject to possible redemption, December 31, 2025 | | | 232,460,533 | Add: Remeasurement of carrying value to redemption value | | | 2,044,010 | Class A ordinary shares subject to possible redemption, March 31, 2026 | | | 234,504,543 | Add: Remeasurement of carrying value to redemption value | | | 2,075,700 | Class A ordinary shares subject to possible redemption, June 30, 2026 | | $ | 236,580,243 |
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