v3.26.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Accounting Policies [Abstract]    
Schedule of class A ordinary shares reflected in the balance sheets
Class A Ordinary Shares subject to possible redemption, December 31, 2024  $84,565,597 
Less:     
Redemption   (51,219,981)
Plus:     
Remeasurement of carrying value to redemption value   4,568,822 
Class A Ordinary Shares subject to possible redemption, December 31, 2025  $37,914,438 
Plus:     
Remeasurement of carrying value to redemption value   230,601 
Class A Ordinary Shares subject to possible redemption, March 31, 2026  $38,145,039 
Plus:     
Remeasurement of carrying value to redemption value   235,555 
Class A Ordinary Shares subject to possible redemption, June 30, 2026  $38,380,594 
Class A Ordinary Shares subject to possible redemption, December 31, 2023  $174,252,198 
Less:     
Redemption   (99,613,642)
Plus:     
Remeasurement of carrying value to redemption value   9,927,041 
Class A Ordinary Shares subject to possible redemption, December 31, 2024   84,565,597 
Less:     
Redemptions   (51,219,981)
Plus:     
Remeasurement of carrying value to redemption value   4,568,822 
Class A Ordinary Shares subject to possible redemption, December 31, 2025  $37,914,438 
Schedule of Calculation of Basic and Diluted Net Income Per Ordinary Share

The following table reflects the calculation of basic and diluted net (loss) income per ordinary share (in dollars, except per share amounts):

 

   For the Three Months Ended June 30, 
   2026   2025 
       Non-       Non- 
       redeemable       redeemable 
   Redeemable   Class A and   Redeemable   Class A and 
   Class A   Class B   Class A   Class B 
Basic and diluted net loss per ordinary share                
Numerator:                
Allocation of net loss  $(243,832)  $(455,783)  $(84,897)  $(67,334)
Denominator:                    
Basic and diluted weighted average shares outstanding   3,076,094    5,750,000    7,249,712    5,750,000 
Basic and diluted net loss per ordinary share  $(0.08)  $(0.08)  $(0.01)  $(0.01)

 

   For the Six Months Ended June 30, 
   2026   2025 
       Non-       Non- 
       redeemable       redeemable 
   Redeemable   Class A and   Redeemable   Class A and 
   Class A   Class B   Class A   Class B 
Basic and diluted net income per ordinary share                
Numerator:                
Allocation of net income  $834,762   $1,560,381   $227,330   $180,303 
Denominator:                    
Basic and diluted weighted average shares outstanding   3,076,094    5,750,000    7,249,712    5,750,000 
Basic and diluted net income per ordinary share  $0.27   $0.27   $0.03   $0.03 

The following table reflects the calculation of basic and diluted net (loss) income per ordinary share (in dollars, except per share amounts):

 

   For the Year Ended 
   December 31, 
   2025   2024 
       Non-
redeemable
       Non-
redeemable
 
   Redeemable
Class A
   Class A
and
Class B
   Redeemable
Class A
   Class A
and
Class B
 
Basic and diluted net (loss) income per ordinary share                
Numerator:                
Allocation of net (loss) income  $(808,204)  $(704,336)  $5,883,764   $2,321,763 
Denominator:                    
Basic and diluted weighted average shares outstanding   6,597,942    5,750,000    14,571,529    5,750,000 
Basic and diluted net (loss) income per ordinary share  $(0.12)  $(0.12)  $0.40   $0.40