| Schedule of Class A Ordinary Shares Subject to Possible Redemption |
As of June 30, 2026, the Class A Ordinary Shares subject to possible redemption reflected in the condensed consolidated balance sheets are reconciled in the following table:
|
Gross proceeds
|
|
$
|
230,000,000 |
|
|
Less:
|
|
|
|
|
|
Proceeds allocated to Public Warrants
|
|
|
(1,993,333 |
)
|
|
Class A Ordinary Shares subject to possible redemption, issuance cost
|
|
|
(4,942,724 |
)
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
7,988,744 |
|
|
Class A Ordinary Shares subject to possible redemption, March 31, 2026
|
|
$
|
231,052,687 |
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
2,045,145 |
|
|
Class A Ordinary Shares subject to possible redemption, June 30, 2026
|
|
$
|
233,097,832 |
|
|
| Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share |
The following tables reflect the calculation of basic and diluted net income (loss) per ordinary share:
|
|
|
For the Three Months Ended June 30, 2026
|
|
For the Six Months Ended June 30, 2026
|
|
For the Period from April 3, 2025 (inception) through June 30, 2025
|
| |
|
Class A Redeemable
|
|
Class A and B Non-Redeemable
|
|
Class A Redeemable
|
|
Class A and B Non-Redeemable
|
|
Class A Redeemable
|
|
Class A and B Non-Redeemable
|
|
Basic net income (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net income (loss)
|
|
$
|
276,296 |
|
$
|
89,511 |
|
$
|
864,762 |
|
$
|
354,297 |
|
$
|
—
|
|
$
|
(4,644 |
)
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares outstanding
|
|
|
23,665,000 |
|
|
7,666,667 |
|
|
18,143,167 |
|
|
7,433,334 |
|
|
—
|
|
|
6,666,667 |
|
|
Basic income (loss) per share
|
|
$
|
0.01 |
|
$
|
0.01 |
|
$
|
0.05 |
|
$
|
0.05 |
|
$
|
—
|
|
$
|
(0.00 |
)
|
|
|
|
For the Three Months Ended June 30, 2026
|
|
For the Six Months Ended June 30, 2026
|
|
For the Period from April 3, 2025 (inception) through June 30, 2025
|
| |
|
Class A Redeemable
|
|
Class A and B Non-Redeemable
|
|
Class A Redeemable
|
|
Class A and B Non-Redeemable
|
|
Class A Redeemable
|
|
Class A and B Non-Redeemable
|
|
Diluted net income (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net income (loss)
|
|
$
|
276,296 |
|
$
|
89,511 |
|
$
|
856,944 |
|
$
|
362,115 |
|
$
|
—
|
|
$
|
(4,644 |
)
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted-average shares outstanding
|
|
|
23,665,000 |
|
|
7,666,667 |
|
|
18,143,167 |
|
|
7,666,667 |
|
|
—
|
|
|
6,666,667 |
|
|
Diluted income (loss) per share
|
|
$
|
0.01 |
|
$
|
0.01 |
|
$
|
0.05 |
|
$
|
0.05 |
|
$
|
—
|
|
$
|
(0.00 |
)
|
|