| Schedule of Basic and Diluted Net Income Loss Per Ordinary Share |
The following table reflects the calculation of basic and diluted net loss per Ordinary Share (in dollars, except per share amounts):
|
Basic and diluted net loss per
Ordinary Share
|
|
For the Three Months Ended
June 30, 2026
|
|
For the Six Months Ended
June 30, 2026
|
|
For the Period
from June 4,
2025
(inception) Through
June 30, 2025
|
|
Class A
|
|
Class B
|
|
Class A
|
|
Class B
|
|
Class A
|
|
Class B
|
|
Basic and diluted net loss per Ordinary Share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net loss
|
|
$
|
(101,312,804 |
)
|
|
$
|
(33,367,940 |
)
|
|
$
|
(98,927,157 |
)
|
|
$
|
(32,582,214 |
)
|
|
$
|
—
|
|
$
|
(22,045 |
)
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding |
|
|
41,900,000 |
|
|
|
13,800,000 |
|
|
|
41,900,000 |
|
|
|
13,800,000 |
|
|
|
— |
|
|
12,000,000 |
|
Basic and diluted net loss per Ordinary Share |
|
$ |
(2.42 |
) |
|
$ |
(2.42 |
) |
|
$ |
(2.36 |
) |
|
$ |
(2.36 |
) |
|
$ |
— |
|
$ |
(0.00 |
) |
|
The following table reflects the calculation of basic and diluted net income per Ordinary Share (in dollars, except per share amounts):
|
Basic net income per Ordinary Share
|
|
For the Period from
June 4, 2025
(Inception) Through
December 31, 2025
|
|
Class A
|
|
Class B
|
|
Basic net income per Ordinary Share
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
Allocation of net income, as adjusted
|
|
$
|
67,397 |
|
$
|
314,701 |
|
Denominator:
|
|
|
|
|
|
|
|
Basic weighted average shares outstanding
|
|
|
2,593,810 |
|
|
12,111,429 |
|
Basic net income per Ordinary Share
|
|
$
|
0.03 |
|
$
|
0.03 |
|
|
|
For the Period from
June 4, 2025
(Inception) Through
December 31, 2025
|
|
Diluted net income per Ordinary Share
|
|
Class A
|
|
Class B
|
|
Basic net income per Ordinary Share
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
Allocation of net income, as adjusted
|
|
$
|
64,466 |
|
$
|
317,632 |
|
Denominator:
|
|
|
|
|
|
|
|
Diluted weighted average shares outstanding
|
|
|
2,593,810 |
|
|
12,780,000 |
|
Diluted net income per ordinary share
|
|
$
|
0.02 |
|
$
|
0.02 |
|
| Schedule of Class A Ordinary Shares Subject To Possible Redemption |
As of June 30, 2026 and December 31, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the condensed consolidated balance sheets are reconciled in the following table:
|
Gross proceeds
|
|
$
|
414,000,000 |
|
|
Less:
|
|
|
|
|
|
Proceeds allocated to Public Warrants
|
|
|
(2,028,600 |
)
|
|
Public Shares issuance costs
|
|
|
(19,514,643 |
)
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
21,543,243 |
|
|
Class A Ordinary Shares subject to possible redemption, December 31, 2025
|
|
|
414,000,000 |
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
3,094,829 |
|
|
Class A Ordinary Shares subject to possible redemption, March 31, 2026
|
|
|
417,094,829 |
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
3,785,002 |
|
|
Class A Ordinary Shares subject to possible redemption, June 30, 2026
|
|
$
|
420,879,831 |
|
|
As of December 31, 2025, the Class A Ordinary Shares subject to possible redemption reflected in the balance sheet are reconciled in the following table:
|
Gross proceeds
|
|
$
|
414,000,000 |
|
|
Less:
|
|
|
|
|
|
Proceeds allocated to Public Warrants
|
|
|
(2,028,600 |
)
|
|
Public Shares issuance cost
|
|
|
(19,514,643 |
)
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
21,543,243 |
|
|
Class A Ordinary Shares subject to possible redemption, December 31, 2025
|
|
$
|
414,000,000 |
|
|