v3.26.3
CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets      
Cash $ 149,017 $ 162,853 $ 236,700
Prepaid expenses 87,183 200,458 202,147
Total Current assets 236,200 363,311 438,847
Interest-bearing Demand Deposit held in Trust Account 38,380,594 37,914,438 84,565,597
TOTAL ASSETS 38,616,794 38,277,749 85,004,444
Current liabilities      
Accrued expenses 1,925,098 1,532,343 1,376,418
Promissory note – related party 4,200,000 4,200,000 2,100,000
Total Current liabilities 6,125,098 5,732,343 3,476,418
Warrant liabilities 1,822,333 4,473,000 1,244,157
Convertible promissory notes – related party, at fair value 5,202,610 5,000,796 4,479,738
Deferred underwriting fee 11,500,000 11,500,000 11,500,000
TOTAL LIABILITIES 24,650,041 26,706,139 20,700,313
SHAREHOLDERS’ DEFICIT      
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0 0
Additional paid-in capital 0 0 0
Accumulated deficit (24,414,416) (26,343,403) (20,262,041)
TOTAL SHAREHOLDERS’ DEFICIT (24,413,841) (26,342,828) (20,261,466)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 38,616,794 38,277,749 85,004,444
Class A ordinary shares subject to possible redemption      
Current liabilities      
Class A ordinary shares subject to possible redemption 38,380,594 37,914,438 84,565,597
Class A ordinary shares      
SHAREHOLDERS’ DEFICIT      
Common stock value 575 575 575
Class B ordinary shares      
SHAREHOLDERS’ DEFICIT      
Common stock value $ 0 $ 0 $ 0