DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (Details)
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1 Months Ended |
6 Months Ended |
10 Months Ended |
12 Months Ended |
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Jul. 23, 2026
USD ($)
shares
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Jul. 10, 2026
USD ($)
$ / shares
shares
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Jul. 06, 2026
shares
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Jul. 01, 2026
shares
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May 05, 2026
USD ($)
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Feb. 19, 2026
USD ($)
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Jan. 21, 2026
USD ($)
$ / shares
shares
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Sep. 05, 2025
USD ($)
$ / shares
shares
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Aug. 06, 2025
USD ($)
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Mar. 28, 2025
USD ($)
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Jan. 31, 2026
USD ($)
$ / shares
shares
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Jun. 30, 2026
USD ($)
$ / shares
shares
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Jun. 30, 2025
USD ($)
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Dec. 31, 2025
USD ($)
$ / shares
shares
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Dec. 31, 2025
USD ($)
$ / shares
shares
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Dec. 31, 2024
USD ($)
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Jun. 23, 2026
CAD ($)
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Feb. 11, 2026
shares
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Proceeds from issuance of SIF Warrants (note 11) |
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$ 3,624,000
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$ 4,570,000
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$ 4,570,000
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$ 1,548,000
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| Cash and cash equivalents (note 4) |
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31,975,000
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$ 49,125,000
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49,125,000
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$ 6,392,000
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| Settlement of related party loans |
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$ 1,408,000
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| Payment of offering costs |
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260,000
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| Net proceeds from trust account and operating account |
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$ 19,000,000
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| Notes Payable, Noncurrent |
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$ 1,500,000
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0
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0
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| Notes Payable, Noncurrent, Related Party [Extensible Enumeration] |
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Related Party [Member]
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| Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Transaction costs |
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$ 14,319,936
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| Cash underwriting fee |
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4,600,000
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| Deferred Underwriting Fee |
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9,200,000
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9,200,000
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$ 9,200,000
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| Other offering costs |
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519,936
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$ 519,936
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| Percent of fair market value of target businesses |
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80.00%
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| Percentage of ownership interest to be acquired |
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50.00%
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| Accrued interest |
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$ 230,000,000
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| Share price | $ / shares |
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$ 10
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$ 10
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$ 10
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| Number of business days prior to business combination |
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2 days
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| Permitted Withdrawals percentage |
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5.00%
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5.00%
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| Withdrawal of funds from Trust Account |
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$ 102,326
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$ 140,482
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$ 242,808
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$ 0
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| Percentage of restriction on redemption of shares |
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15.00%
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15.00%
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| Redemption percentage of shares if business combination not completed |
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100.00%
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| Maximum period to complete the business combination |
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24 months
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| Maximum number of business days for completion of redemption |
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10 days
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| Dissolution expense payable from interest earned on trust account |
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$ 100,000
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$ 100,000
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| Cash and cash equivalents (note 4) |
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$ 1,889,472
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749,812
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749,812
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| Working capital deficit |
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748,063
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$ 748,063
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| Payment of offering costs |
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$ 343,000
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| Notes Payable, Noncurrent, Related Party [Extensible Enumeration] |
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Related Party [Member]
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Related Party [Member]
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Related Party [Member]
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| Subsequent Events |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Number of shares called by each warrant | shares |
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1
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| Subsequent Events | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Number of shares called by each warrant | shares |
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1
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| Accrued interest |
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$ 19,800,000
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| Class A ordinary shares exercised their redemption rights | shares |
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21,075,896
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| Net proceeds from trust account and operating account |
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$ 19,000,000
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| Subsequent Events | Redemption Prior To Fifth Anniversary Of Closing Date | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Redemption Price Percentage |
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150.00%
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| Subsequent Events | Redemption following Fifth Anniversary Of Closing Date | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Redemption Price Percentage |
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100.00%
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| Subsequent Events | General Fusion Inc | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Price per unit issued | $ / shares |
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$ 10.2
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| Number of warrants in a unit | shares |
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1
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| Exercise price | $ / shares |
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$ 12
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| Subordinate voting shares issued for ordinary shares |
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1
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| Aggregate net proceeds |
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$ 123,400,000
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| Minimum | Subsequent Events | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Redemption Price Percentage |
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100.00%
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| Sponsor | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Share price | $ / shares |
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$ 10
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$ 10
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| Exercise price per share | $ / shares |
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$ 0.9
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| Sponsor | Unsecured promissory note | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Aggregate principal amount |
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$ 250,000
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$ 151,636
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$ 151,636
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$ 151,636
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| Founder shares | Sponsor | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Sponsor earnout shares | shares |
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1,000,000
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| Transferred founder shares | shares |
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1,250,000
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| Shares lock up period |
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6 months
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| Related Party Loans | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Exercise price | $ / shares |
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$ 0.09
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$ 0.09
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| Loans outstanding |
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$ 0
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$ 0
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| Related Party Loans | Maximum | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Settlement of related party loans |
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$ 1,500,000,000,000
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$ 1,500,000
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| Working Capital Loan | Sponsor | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Convertible working capital loans |
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$ 1,500,000
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| Convertible promissory note with related party | Sponsor | Subsequent Events | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Number of warrants issued | shares |
1,666,667
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1,666,667
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| Number of shares called by each warrant | shares |
1
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1
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| Convertible promissory note with related party | Sponsor | Maximum | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Aggregate principal amount |
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$ 1,500,000
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| Convertible promissory note with related party | Sponsor | Maximum | Subsequent Events | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Aggregate principal amount |
$ 1,500,000
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| Convertible promissory note with related party | Sponsor, its Affiliates, or Certain of the Company's Directors and Officers | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Exercise price | $ / shares |
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$ 0.9
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| Convertible promissory note with related party | Sponsor, its Affiliates, or Certain of the Company's Directors and Officers | Subsequent Events | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Exercise price | $ / shares |
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$ 0.9
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| Convertible promissory note with related party | Sponsor, its Affiliates, or Certain of the Company's Directors and Officers | Maximum | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Settlement of related party loans |
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$ 1,500,000
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| Private Placement Warrants | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Number of warrants issued | shares |
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7,046,111
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7,046,111
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| Price per warrant issued | $ / shares |
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$ 0.9
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| Proceeds from issuance of SIF Warrants (note 11) |
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$ 6,341,500
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| Private Placement Warrants | Sponsor | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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| Number of warrants issued | shares |
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4,490,555
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| Public Warrants | Spring Valley Acquisition III |
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| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
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|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrants in a unit | shares |
|
|
|
|
|
|
|
|
|
|
|
0.33
|
|
0.33
|
0.33
|
|
|
|
| Exercise price | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
$ 11.5
|
|
$ 11.5
|
$ 11.5
|
|
|
|
| Class A ordinary shares | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of shares in a unit | shares |
|
|
|
|
|
|
|
|
|
|
|
1
|
|
1
|
1
|
|
|
|
| Class A ordinary shares | Subsequent Events | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class A ordinary shares exercised their redemption rights | shares |
|
|
21,075,896
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Converted shares |
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class A ordinary shares | Private Placement Warrants | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of shares called by each warrant | shares |
|
|
|
|
|
|
|
|
|
|
|
1
|
|
1
|
1
|
|
|
|
| Exercise price | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
$ 11.5
|
|
$ 11.5
|
$ 11.5
|
|
|
|
| Class A ordinary shares | Public Warrants | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of shares called by each warrant | shares |
|
|
|
|
|
|
|
|
|
|
|
1
|
|
1
|
1
|
|
|
1
|
| Exercise price | $ / shares |
|
|
|
|
|
|
|
|
|
|
|
$ 11.5
|
|
$ 11.5
|
$ 11.5
|
|
|
|
| Class B common shares | Subsequent Events | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Converted shares |
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class B common shares | Founder shares | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of shares forfeited | shares |
|
|
|
|
|
|
1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
| Class B common shares | Founder shares | Sponsor | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net proceeds |
|
|
|
|
|
|
|
|
|
$ 25,000
|
|
$ 25,000
|
|
$ 25,000
|
|
|
|
|
| IPO including over-allotment | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of units issued | shares |
|
|
|
|
|
|
|
23,000,000
|
|
|
|
|
|
|
|
|
|
|
| Price per unit issued | $ / shares |
|
|
|
|
|
|
|
$ 10
|
|
|
|
|
|
|
|
|
|
|
| Gross proceeds |
|
|
|
|
|
|
|
$ 230,000,000
|
|
|
|
|
|
|
|
|
|
|
| Initial Public Offering | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum period to liquidate for trust accounts funds |
|
|
|
|
|
|
|
|
|
|
|
24 months
|
|
24 months
|
|
|
|
|
| Underwriters over-allotment option | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of units issued | shares |
|
|
|
|
|
|
|
3,000,000
|
|
|
|
|
|
|
|
|
|
|
| Underwriters over-allotment option | Private Placement Warrants | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrants issued | shares |
|
|
|
|
|
|
|
2,555,556
|
|
|
|
|
|
|
|
|
|
|
| PIPE financing |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of units issued | shares |
|
|
|
|
|
|
|
|
|
|
10,556,367
|
|
|
|
|
|
|
|
| Price per unit issued | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 10.2
|
|
|
|
|
|
|
|
| Number of shares in a unit | shares |
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
| Number of warrants in a unit | shares |
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
| Exercise price | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 12
|
|
|
|
|
|
|
|
| PIPE financing | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of units issued | shares |
|
|
|
|
|
|
10,556,367
|
|
|
|
|
|
|
|
|
|
|
|
| Price per unit issued | $ / shares |
|
|
|
|
|
|
$ 10.2
|
|
|
|
|
|
|
|
|
|
|
|
| Gross proceeds |
|
|
|
|
|
|
$ 107,700,000
|
|
|
|
|
|
|
|
|
|
|
|
| Number of shares in a unit | shares |
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrants in a unit | shares |
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price | $ / shares |
|
|
|
|
|
|
$ 12
|
|
|
|
|
|
|
|
|
|
|
|
| PIPE financing | Subsequent Events |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of units issued | shares |
|
|
|
|
|
|
|
|
|
|
10,556,367
|
|
|
|
|
|
|
|
| Price per unit issued | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 10.2
|
|
|
|
|
|
|
|
| Gross proceeds |
|
$ 107,675,000
|
|
|
|
|
|
|
|
|
$ 107,675,000
|
|
|
|
|
|
|
|
| Number of shares in a unit | shares |
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
| Number of warrants in a unit | shares |
|
|
|
|
|
|
|
|
|
|
1
|
|
|
|
|
|
|
|
| Exercise price | $ / shares |
|
|
|
|
|
|
|
|
|
|
$ 12
|
|
|
|
|
|
|
|
| Net proceeds |
|
$ 104,375,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| PIPE financing | Subsequent Events | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of units issued | shares |
|
10,556,367
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gross proceeds |
|
$ 107,700,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net proceeds |
|
104,400,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Payment of offering costs |
|
$ 3,300,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| PIPE financing | PIPE warrants | Subsequent Events | Spring Valley Acquisition III |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price | $ / shares |
|
$ 12
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|