| Schedule of Basic and Diluted Net Income (Loss) Per Share |
The following table reflects the calculation of basic and diluted net income (loss) per share (in dollars, except per share amounts): | | | Three Months Ended | | | | | June 30, 2026 | | | | | Redeemable | | | Non-redeemable | | | Basic and diluted net income (loss) per ordinary share numerator: | | | | | | | | Interest income | | $ | 2,105,683 | | | $ | - | | | Less: Allocation of expenses | | | (299,445 | ) | | | (86,936 | ) | | Total | | $ | 1,806,238 | | | $ | (86,936 | ) | | | | | | | | | | | | Basic and diluted net income (loss) per ordinary share denominator: | | | | | | | | | | Weighted-average ordinary shares outstanding | | | 24,150,000 | | | | 7,011,288 | | | Basic and diluted net income (loss) per ordinary share | | $ | 0.07 | | | $ | (0.01 | ) | | | | Three Months Ended | | | | | June 30, 2025 | | | | | Redeemable | | | Non-redeemable | | | Basic and diluted net income (loss) per ordinary share numerator: | | | | | | | | | | Interest income | | $ | 1,240,806 | | | $ | - | | | Less: Allocation of expenses | | | (283,424 | ) | | | (162,548 | ) | | Total | | $ | 957,382 | | | $ | (162,548 | ) | | | | | | | | | | | | Basic and diluted net income (loss) per ordinary share denominator: | | | | | | | | | | Weighted-average ordinary shares outstanding | | | 12,207,692 | | | | 7,011,288 | | | Basic and diluted net income (loss) per ordinary share | | $ | 0.08 | | | $ | (0.02 | ) | | | | Six Months Ended | | | | | June 30, 2026 | | | | | Redeemable | | | Non-redeemable | | | Basic and diluted net income (loss) per ordinary share numerator: | | | | | | | | Interest income | | $ | 4,197,157 | | | $ | - | | | Less: Allocation of expenses | | | (518,704 | ) | | | (150,591 | ) | | Total | | $ | 3,678,453 | | | $ | (150,591 | ) | | | | | | | | | | | | Basic and diluted net income (loss) per ordinary share denominator: | | | | | | | | | | Weighted-average ordinary shares outstanding | | | 24,150,000 | | | | 7,011,288 | | | Basic and diluted net income (loss) per ordinary share | | $ | 0.15 | | | $ | (0.02 | ) | | | | Six Months Ended | | | | | June 30, 2025 | | | | | Redeemable | | | Non-redeemable | | | Basic and diluted net income (loss) per ordinary share numerator: | | | | | | | | | | Interest income | | $ | 1,240,806 | | | $ | - | | | Less: Allocation of expenses | | | (208,327 | ) | | | (237,645 | ) | | Total | | $ | 1,032,479 | | | $ | (237,645 | ) | | | | | | | | | | | | Basic and diluted net income (loss) per ordinary share denominator: | | | | | | | | | | Weighted-average ordinary shares outstanding | | | 6,137,569 | | | | 7,011,288 | | | Basic and diluted net income (loss) per ordinary share | | $ | 0.17 | | | $ | (0.03 | ) |
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| Schedule of Shares Subject to Redemption |
As of June 30, 2026 and December 31, 2025, the Class A ordinary shares subject to redemption reflected in the unaudited condensed balance sheets are reconciled in the following table: | Gross proceeds | | $ | 241,500,000 | | | Less: Proceeds allocated to public warrants | | | (4,557,833 | ) | | Less: Class A ordinary share issuance costs | | | (11,968,968 | ) | | Add: Accretion of carrying value to redemption value | | | 23,210,293 | | | Class A ordinary shares subject to possible redemption December 31, 2025 | | | 248,183,492 | | | Add: Accretion of carrying value to redemption value | | | 2,091,474 | | | Class A ordinary shares subject to possible redemption March 31, 2026 | | | 250,274,966 | | | Add: Accretion of carrying value to redemption value | | | 2,105,683 | | | Class A ordinary shares subject to possible redemption June 30, 2026 | | $ | 252,380,649 | |
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