v3.26.3
Initial Public Offering
6 Months Ended
Jul. 31, 2026
Initial Public Offering  
Initial Public Offering

Note 3 — Initial Public Offering

 

On May 11, 2026 and May 27, 2026, the Company sold 10,000,000 Units and 500,000 Option Units, respectively, at a price of $10.00 per Unit. Each Unit consists of one ordinary share, par value $0.0001 per share and one right (the “Public Right”). Each Public Right entitles the holder to receive one-fourth (1/4) of one ordinary share upon the consummation of the Company’s initial Business Combination. The Company will not issue fractional shares upon conversion of the rights. As a result, the holder must hold rights in multiples of four in order to receive shares for all of their rights upon closing of a Business Combination.