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SEGMENT INFORMATION
 9 Months Ended
Aug. 31, 2026
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 9. SEGMENT INFORMATION

 

ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance.

 

The Company’s chief operating decision maker has been identified as the Chief Executive Officer (“CODM”), who reviews the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment.

 

When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

 

    For The Three
Months Ended
August 31, 2026		    

For The Nine
Months Ended
August 31, 2026

  
Formation and operating costs   $ 118,345     $ 136,890  
Loss from operations     (118,345)       (136,890 )
                 
Other income                
Interest earned on investment held in Trust Account     286,509       286,509  
                 
Net profit before tax   $ 168,164     $ 149,619  
Income tax expenses    

31,420

       31,420  
Net income   $

136,744

     $ 118,199  

 

The key measures of segment profit or loss reviewed by the CODM are formation and operating costs. Formation and operating costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete an IPO and eventually a Business Combination within the Combination Period. The CODM also reviews formation and operating costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.