v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets      
Cash $ 2,068 $ 32,075 $ 878,254
Due from Everli 4,120,066 3,805,862
Prepaid expenses 27,910 70,852 165,494
Long-term prepaid insurance   70,852
Total current assets 4,150,044 3,908,789 1,043,748
Marketable securities and cash held in Trust Account 42,874,392 171,405,977 164,407,016
TOTAL ASSETS 47,024,436 175,314,766 165,521,616
Current liabilities      
Accounts payable and accrued liabilities 1,576,929 576,961 41,252
Working Capital Loan – related party 230,837  
Sponsor Loan 4,109,133 3,718,011
Total current liabilities 5,916,899 4,294,972 41,252
Deferred Fee 1,714,976 6,600,000 6,600,000
TOTAL LIABILITIES 7,631,875 10,894,972 6,641,252
COMMITMENTS AND CONTINGENCIES (Note 6)  
Class A ordinary shares subject to possible redemption 42,874,392 171,405,977 164,407,016
SHAREHOLDERS’ DEFICIT      
Preference shares, value
Additional paid-in capital
Accumulated deficit (3,482,393) (6,986,745) (5,527,214)
TOTAL SHAREHOLDERS’ DEFICIT (3,481,831) (6,986,183) (5,526,652)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 47,024,436 175,314,766 165,521,616
Class A Ordinary Shares      
SHAREHOLDERS’ DEFICIT      
Ordinary shares, value 562
Class B Ordinary Shares      
SHAREHOLDERS’ DEFICIT      
Ordinary shares, value $ 562 $ 562