v3.26.1
Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating expenses        
General and administrative costs $ 112,227 $ 38,073 $ 244,257 $ 97,400
Total operating expenses 112,227 38,073 244,257 97,400
Loss from operations (112,227) (38,073) (244,257) (97,400)
Other income        
Interest earned on cash and investments held in Trust Account 4,508,683 8,948,533
Recovery of credit losses 30,000
Total other income 4,508,683 8,978,533
Net income (loss) $ 4,396,456 $ (38,073) $ 8,734,276 $ (97,400)
Redeemable Ordinary Shares        
Other income        
Weighted average ordinary shares outstanding, Basic 50,000,000 50,000,000  
Weighted average ordinary shares outstanding, Diluted 50,000,000 50,000,000  
Basic net income (loss) per ordinary share $ 0.07 $ 0.14  
Diluted net income (loss) per ordinary share $ 0.07   $ 0.14  
Non-Redeemable Ordinary Shares        
Other income        
Weighted average ordinary shares outstanding, Basic [1],[2] 13,700,000 12,500,000 13,700,000 12,500,000
Weighted average ordinary shares outstanding, Diluted [1],[2] 13,700,000 12,500,000 13,700,000 12,500,000
Basic net income (loss) per ordinary share $ 0.07 $ (0) $ 0.14 $ (0.01)
Diluted net income (loss) per ordinary share $ 0.07 $ (0) $ 0.14 $ (0.01)
[1] In February 2025, the sponsor surrendered and forfeited 18,847,722 ordinary shares to the Company for no consideration. In May 2025, the sponsor surrendered and forfeited an additional 11,500,000 ordinary shares to the Company for no consideration, following which the sponsor holds 14,375,000 founder shares immediately upon surrender and forfeit. All share and per share data has been retrospectively presented (see Note 5).
[2] The over-allotment option expired on November 8, 2025 resulting in a forfeiture of 1,875,000 ordinary shares (Note 5).