v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating and formation (income) expenses $ (304,970) $ 74,707 $ (340,383) $ 356,195
Income (Loss) from operations 304,970 (74,707) 340,383 (356,195)
Other income (expense):        
Income from cash held in the Trust Account 55,304 154,554 116,774 305,167
Benefit from credit loss 0 150,000 0 150,000
Change in fair value of derivative warrant liabilities 559,500 (746,000) 2,424,500 (373,000)
Total other income (expense), net 614,804 (441,446) 2,541,274 82,167
Net income (loss) $ 919,774 $ (516,153) $ 2,881,657 $ (274,028)
Class A ordinary shares subject to possible redemption        
Other income (expense):        
Weighted average shares outstanding - basic (in shares) 701,043 1,610,373 701,043 1,610,373
Weighted average shares outstanding - diluted (in shares) 701,043 1,610,373 701,043 1,610,373
Net income (loss) per share - basic (in dollars per share) $ 0.14 $ (0.07) $ 0.45 $ (0.04)
Net income (loss) per share - diluted (in dollars per share) $ 0.14 $ (0.07) $ 0.45 $ (0.04)
Class A (non-redeemable) and Class B ordinary shares        
Other income (expense):        
Weighted average shares outstanding - basic (in shares) 5,750,000 5,750,000 5,750,000 5,750,000
Weighted average shares outstanding - diluted (in shares) 5,750,000 5,750,000 5,750,000 5,750,000
Net income (loss) per share - basic (in dollars per share) $ 0.14 $ (0.07) $ 0.45 $ (0.04)
Net income (loss) per share - diluted (in dollars per share) $ 0.14 $ (0.07) $ 0.45 $ (0.04)