| Schedule of Net Income and Total Assets |
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:
|
|
|
June 30,
2026
|
|
December 31,
2025
|
|
Cash and marketable securities held in Trust Account
|
|
$
|
247,682,183 |
|
$
|
243,358,236 |
|
Cash
|
|
$
|
23,197 |
|
$
|
250,079 |
|
|
|
For the Three Months Ended
June 30,
|
|
For The Six Months Ended
June 30,
|
| |
|
2026
|
|
2025
|
|
2026
|
|
2025
|
|
General and administrative expenses
|
|
$
|
1,011,804 |
|
$
|
175,476 |
|
$
|
1,206,332 |
|
$
|
383,373 |
|
Interest earned on cash and marketable securities held in Trust Account
|
|
$
|
2,174,571 |
|
$
|
2,544,350 |
|
$
|
4,323,947 |
|
$
|
4,940,148 |
|
When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets, which include the following:
|
|
|
December 31,
2025
|
|
December 31,
2024
|
|
Cash and marketable securities held in Trust Account
|
|
$
|
243,358,236 |
|
$
|
233,538,339 |
|
Cash
|
|
$
|
250,079 |
|
$
|
935,701 |
|
|
|
For the
Year Ended
December 31,
2025
|
|
For the
period from
May 13, 2024
(Inception)
through
December,
2024
|
|
General and administrative expenses
|
|
$
|
909,063 |
|
$
|
173,185 |
|
Interest earned on cash and marketable securities held in Trust Account
|
|
$
|
9,819,897 |
|
$
|
2,281,141 |
|