Initial Public Offering |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Initial Public Offering | |
| Initial Public Offering | Note 3 — Initial Public Offering
On March 5, 2026, the Company consummated its initial public offering of units at a price of $ per unit, generating gross proceeds of $100,000,000. Each unit consists of one ordinary share and one right. Each right entitles the holder to receive one-fourth (1/4) of one ordinary share upon the consummation of a Business Combination. The Company will not issue fractional shares.
On March 10, 2026, the underwriters exercised their over-allotment option in full to purchase additional units at a price of $ per unit, generating additional gross proceeds of $15,000,000. The over-allotment closed on March 12, 2026. As a result, the Company issued an aggregate of public units in the IPO and over-allotment, generating aggregate gross proceeds of $115,000,000.
|