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

The following table reflects the calculation of basic and diluted net earnings (loss) per share of common stock for the three and six months ended June 30, 2026 and June 30, 2025:

 

Net loss from January 1, 2026, to June 30, 2026  $(13,558,223)

 

          
   For the Six months ended June 30, 2026 
   Redeemable   Non- Redeemable     
   Shares   Shares   Total 
Total number of ordinary shares – basic and diluted   8,000,000    2,295,800    10,295,800 
Ownership percentage   77.7%   22.3%   100%
Total loss allocated by class  $(10,534,739)  $(3,023,484)   (13,558,223)
Less: Accretion allocated based on ownership percentage   (827,618)   (237,528)   (1,065,146)
Plus: Accretion applicable to the redeemable class   1,065,146    —    1,065,146 
Total loss by class  $(10,297,211)  $(3,261,012)   (13,558,223)
                
Weighted average shares   8,000,000    2,295,800      
Loss per ordinary share – basic and diluted  $(1.287)  $(1.420)     

 

Net loss from January 1, 2025, to IPO date  $(106)
Net earnings from IPO date to June 30, 2025   897,491 
Total earnings from January 1, 2025 to June 30, 2025  $897,385 

 

          
   For the Six months ended June 30, 2025 
   Redeemable   Non- Redeemable     
   Shares   Shares   Total 
Total number of ordinary shares – basic   8,000,000    2,295,800    10,295,800 
Ownership percentage   78%   22%   100%
Total earnings allocated by class  $700,043   $197,342    897,385 
Less: Accretion allocated based on ownership percentage   (2,425,500)   (684,115)   (3,109,615)
Plus: Accretion applicable to the redeemable class   3,109,615    —    3,109,615 
Total earnings (loss) by class  $1,384,158   $(486,773)   897,385 
                
Weighted average shares   6,674,033    2,308,098      
Earnings (loss) per ordinary share - basic  $0.207   $(0.211)     

 

          
   For the six months ended June 30, 2025 
   Redeemable   Non- Redeemable     
   Shares   Shares   Total 
Total number of ordinary shares – diluted   8,800,000    2,325,380    11,125,380 
Ownership percentage   79%   21%   — 
Total income allocated by class  $709,018   $188,367    897,385 
Less: Accretion allocated based on ownership percentage   (2,456,596)   (653,019)   (3,109,615)
Plus: Accretion applicable to the redeemable class   3,109,615    —    3,109,615 
Total earnings (loss) by class  $1,362,037   $(464,652)   897,385 
                
Weighted average shares   7,341,436    2,332,776      
Earnings (loss) per ordinary share - diluted  $0.186   $(0.199)     

 

 

Net loss from April 1, 2026, to June 30, 2026  $(13,845,985)

 

          
   For the three months ended June 30, 2026 
   Redeemable   Non- Redeemable     
   Shares   Shares   Total 
Total number of ordinary shares – basic and diluted   8,000,000    2,295,800    10,295,800 
Ownership percentage   77.7%   22.3%   — 
Total loss allocated by class  $(10,758,330)  $(3,087,655)  $(13,845,985)
Less: Accretion allocated based on ownership percentage   (266,450)   (76,472)   (342,922)
Plus: Accretion applicable to the redeemable class   342,922    —      342,922 
Total loss by class  $(10,681,858)  $(3,164,127)   (13,845,985)
                
Weighted average shares   8,000,000    2,295,800      
Loss per ordinary share – basic and diluted  $(1.335)  $(1.378)     

 

Net earnings from April 1, 2025, to June 30, 2025  $582,035 

 

          
   For the three months ended June 30, 2025 
   Redeemable   Non- Redeemable     
   Shares   Shares   Total 
Total number of ordinary shares – basic   8,000,000    2,295,800    10,295,800 
Ownership percentage   78%   22%   — 
Total earnings allocated by class  $453,987   $128,048   $582,035 
Less: Accretion allocated based on ownership percentage   (413,995)   (116,768)   (530,763)
Plus: Accretion applicable to the redeemable class   530,763    —    530,763 
Total earnings by class  $570,755   $11,280    582,035 
                
Weighted average shares   8,000,000    2,295,800      
Earnings per ordinary share - basic  $0.071   $0.005      

 

          
   For the three months ended June 30, 2025 
   Redeemable   Non- Redeemable     
   Shares   Shares   Total 
Total number of ordinary shares – diluted   8,800,000    2,325,380    11,125,380 
Ownership percentage   79%   21%   — 
Total earnings allocated by class  $459,808   $122,227   $582,035 
Less: Accretion allocated based on ownership percentage   (419,303)   (111,460)   (530,763)
Plus: Accretion applicable to the redeemable class   530,763    —    530,763 
Total earnings by class  $571,268   $10,767    582,035 
                
Weighted average shares   8,800,000    2,325,380      
Earnings per ordinary share - diluted  $0.065   $0.005      
SCHEDULE OF FINANCIAL INSTRUMENTS MEASURED, ON A RECURRING BASIS, AT FAIR VALUE

Financial instruments measured, on a recurring basis, at fair value in accordance with ASC 820 as promulgated by the FASB as of June 30, 2026 and May 28, 2026 are as follows:

 

   Level 1   Level 2   Level 3   Total 
As of June 30, 2026:                    
Forward Purchase Agreement liability  $—   $—   $9,677,387   $9,677,387 
As of May 28, 2026:                    
Forward Purchase Agreement liability  $—   $—   $8,603,256   $8,603,256 
SCHEDULE OF ROLLFORWARD OF THE DERIVATIVE LIABILITY ASSOCIATED WITH THE FORWARD PURCHASE AGREEMENT

The following table presents a rollforward of the derivative liability associated with the Forward Purchase Agreement for the period from May 28, 2026 (inception) through June 30, 2026:

 

 SCHEDULE OF ROLLFORWARD OF THE DERIVATIVE LIABILITY ASSOCIATED WITH THE FORWARD PURCHASE AGREEMENT

Derivative liability – Forward Purchase Agreement at May 28, 2026  $8,603,256 
Change in fair value of derivative instrument related to Forward Purchase Agreement   1,074,131 
Derivative liability – Forward Purchase Agreement at June 30, 2026  $9,677,387 
SCHEDULE OF OPERATING SEGMENTS

 

   June 30, 2026   June 30, 2025 
General and administrative expenses  $4,829,127   $210,395 
Interest earned in the Trust Account  $1,212,390    1,402,254