v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements [Abstract]  
Schedule of Assets that are Measured at Fair Value

The following table presents information about the Company’s assets that are measured at fair value as of June 30, 2026 and December 31, 2025 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

    Level     June 30,
2026
    December 31,
2025
 
Assets:                  
Investments held in Trust Account     1     $ 239,633,441     $ 235,449,992  
Schedule of Quantitative Information Regarding Market Assumptions The following table presents the quantitative information regarding market assumptions used in the Level 3 valuation of the Public Rights issued in the Initial Public Offering:

 

    May 30,
2025
 
Unit price   $ 10.14  
Share price   $ 10.06  
Rights fraction     1/20  
Pre-adjusted value per Public Right   $ 0.50  
Market adjustment(1)     16.0 %
Fair value per Public Right   $ 0.08  

 

(1) Market adjustment reflects additional factors not fully captured by low volatility selection, which may include likelihood of Business Combination occurring, market perception of lack of available or suitable targets, or possible post-acquisition decline of share price prior to the beginning of the exercise period. The adjustment is determined by comparing traded Public Right prices to simulated model outputs. The market adjustment was determined by calibrating traded Public Rights prices as of the valuation dates.