v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
SCHEDULE OF BASIC AND DILUTED NET INCOME PER SHARE

The following tables reflect the calculation of basic and diluted net income per share.

  

  

For The Three

Months Ended

June 30, 2026

 
Redeemable shares     
Numerator: Allocation of net income, basic and diluted  $1,287,688 
Denominator: Basic and diluted weighted average shares outstanding   34,500,000 
Basic and diluted net income per share  $0.04 
Non-redeemable shares     
Numerator: Allocation of net income, basic and diluted  $571,062 
Denominator: Basic and diluted weighted average shares outstanding   15,300,000 
Basic and diluted net income per share  $0.04 

 

  

For The Six

Months Ended

June 30, 2026

 
Redeemable shares     
Numerator: Allocation of net income, basic and diluted  $2,714,558 
Denominator: Basic and diluted weighted average shares outstanding   34,500,000 
Basic and diluted net income per share  $0.08 
Non-redeemable shares     
Numerator: Allocation of net income, basic and diluted  $1,203,847 
Denominator: Basic and diluted weighted average shares outstanding   15,300,000 
Basic and diluted net income per share  $0.08 
SCHEDULE OF CLASS A SHARES SUBJECT TO REDEMPTION

As of June 30, 2026 and December 31, 2025, the Class A shares subject to redemption reflected in the balance sheet are reconciled in the following table:

  

Gross proceeds  $345,000,000 
Less: Proceeds allocated to public warrants   (13,065,051)
Less: Class A share issuance costs   (25,907,074)
Add: Accretion for Class A common stock to redemption value   38,972,125 
Add: Remeasurement of carrying value to redemption value   684,966 
Class A shares subject to possible redemption as of December 31, 2025   345,684,966 
Add: Remeasurement of carrying value to redemption value   2,371,630 
Class A shares subject to possible redemption as of March 31, 2026   348,056,596 
Add: Remeasurement of carrying value to redemption value   2,127,371 
Class A shares subject to possible redemption as of June 30, 2026  $350,183,967