v3.26.1
Fair Value Measures
6 Months Ended
Jun. 30, 2026
Fair Value Measures [Abstract]  
FAIR VALUE MEASURES

NOTE 10 — FAIR VALUE MEASURES

 

The fair value of the Public and Private Warrants is measured under Level 3 in the fair value hierarchy as of April 8, 2026. The fair value of Public Warrants was determined using Black-Scholes Simulation Model.

 

The Public Warrants have been classified within shareholders’ deficit and will not require remeasurement after issuance.

 

The market assumptions used to determine fair value as follows:

 

    As of
April 8,
2026
 
Term     5 years  
Dividends   $ 0  
Risk Free Rate     3.92 %
Probability of an Initial Business Combination     19.00 %
Volatility     5.00 %

 

The fair value of the Public and Private Rights is measured under Level 3 in the fair value hierarchy as of April 8, 2026.

 

The Public Rights have been classified within shareholders’ deficit and will not require remeasurement after issuance.

 

The market assumptions used to determine fair value as follows:

 

    As of
April 8,
2026
 
Market adjustment (1)     19.00 %

 

(1) Includes probability of an Initial Business Combination and other factors