v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 4 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2026
Cash Flows from Operating Activities:    
Net loss for the period   $ (122,504,000)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets   (3,273,000)
Other receivable   30,000
Cash flows from operating activities   21,155,000
Cash Flows from Investing Activities:    
Cash flows from investing activities   (392,000)
Cash Flows from Financing Activities:    
Cash flows from financing activities   4,178,000
Spring Valley Acquisition III    
Cash Flows from Operating Activities:    
Net loss for the period $ (16,620) (18,422,626)
Adjustments to reconcile net income to net cash used in operating activities:    
General and administrative costs paid through promissory note - related party 10,420 0
Change in fair value of subscription agreement liability   21,975,641
Interest earned on investments held in Trust Account   (4,123,512)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets   (82,452)
Long-term prepaid insurance   40,435
Accrued expenses 6,200 9,366
Cash flows from operating activities   (603,148)
Cash Flows from Investing Activities:    
Cash withdrawn from Trust Account for working capital purposes   242,808
Cash flows from investing activities   242,808
Cash Flows from Financing Activities:    
Proceeds from convertible promissory note - related party   1,500,000
Cash flows from financing activities   1,500,000
Net Change in Cash   1,139,660
Cash - Beginning of period 0 749,812
Cash - End of period   1,889,472
Non-Cash investing and financing activities:    
Offering costs included in accrued offering costs 93,449 0
Sponsor | Spring Valley Acquisition III    
Non-Cash investing and financing activities:    
Prepaid expenses paid by Sponsor in exchange for issuance of Class B ordinary shares $ 25,000 $ 0