v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets      
Cash $ 23,197 $ 250,079 $ 935,701
Prepaid expenses 94,647 109,455 195,909
Total current assets 117,844 359,534 1,131,610
Long-term prepaid insurance   71,250
Cash and marketable securities held in Trust Account 247,682,183 243,358,236 233,538,339
TOTAL ASSETS 247,800,027 243,717,770 234,741,199
Current liabilities      
Accrued expenses 1,120,824 156,201 16,136
Accrued offering costs   75,000
Total current liabilities 1,120,824 156,201 91,136
Deferred Fee payable 10,950,000 10,950,000 10,950,000
TOTAL LIABILITIES 12,070,824 11,106,201 11,041,136
COMMITMENTS AND CONTINGENCIES (Note 6)  
Class A Ordinary Shares subject to possible redemption, 23,000,000 and 23,000,000 shares at redemption value of $10.77 and $10.58 per share at June 30, 2026 and December 31, 2025, respectively 247,682,183 243,358,236 233,538,339
SHAREHOLDERS’ DEFICIT      
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding at June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit (11,953,555) (10,747,242) (9,838,851)
TOTAL SHAREHOLDERS’ DEFICIT (11,952,980) (10,746,667) (9,838,276)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 247,800,027 243,717,770 234,741,199
Class A Ordinary Shares      
SHAREHOLDERS’ DEFICIT      
Ordinary shares value
Class B Ordinary Shares      
SHAREHOLDERS’ DEFICIT      
Ordinary shares value $ 575 $ 575 $ 575