v3.26.1
Condensed Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash $ 25,000 $ 25,000
Prepaid expenses 172,500 130,000
Total Current Assets 197,500 155,000
Available-for-sale debt securities held in Trust Account, at fair value (no allowance for credit losses, amortized cost $464,793,730 and $456,425,803 as of June 30, 2026 and December 31, 2025, respectively) 464,774,119 456,710,724
Other assets 17,827 82,910
Total Assets 464,989,446 456,948,634
Current Liabilities:    
Accrued expenses 73,968 63,948
Payable to related party 12,000
Total Liabilities 385,932 95,402
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 45,000,000 shares issued and outstanding at redemption value of $10.33 and $10.15 per share as of June 30, 2026 and December 31, 2025, respectively 464,774,123 456,710,811
Shareholders’ Equity (Deficit):    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding as of both June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (152,213) (143,715)
Accumulated other comprehensive income (loss) (19,611) 284,921
Total Shareholders’ Equity (Deficit) (170,609) 142,421
Total Liabilities, Commitments and Contingencies and Shareholders’ Equity (Deficit) 464,989,446 456,948,634
Class A Ordinary Shares    
Current Liabilities:    
Class A ordinary shares subject to possible redemption, 45,000,000 shares issued and outstanding at redemption value of $10.33 and $10.15 per share as of June 30, 2026 and December 31, 2025, respectively 464,774,123 456,710,811
Shareholders’ Equity (Deficit):    
Ordinary shares, value 90 90
Class B Ordinary Shares    
Shareholders’ Equity (Deficit):    
Ordinary shares, value 1,125 1,125
Related Party    
Current Liabilities:    
Note payable – related party $ 299,964 $ 31,454