v3.26.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of temporary equity As of June 30, 2026, the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:

Gross proceeds

  

$

172,500,000

 

Less:

  

 

  

 

Proceeds allocated to Public Warrants

  

 

(2,760,000

)

Class A ordinary shares issuance cost

  

 

(9,737,155

)

Plus:

  

 

  

 

Accretion for Class A ordinary shares to redemption amount

  

 

13,914,250

 

Class A ordinary shares subject to possible redemption, March 31, 2026

  

 

173,917,095

 

Plus:

  

 

  

 

Accretion for Class A ordinary shares to redemption amount

  

 

1,551,680

 

Class A ordinary shares subject to possible redemption, June 30, 2026

  

$

175,468,775

 
Schedule of calculation of basic and diluted net income per ordinary share

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 Three Months Ended
June 30, 2026

  

For the Six Months Ended
June 30, 2026

Class A

  

Class B

  

Class A

  

Class B

Basic net income per ordinary share

  

 

    

 

    

 

    

 

  

Numerator:

  

 

    

 

    

 

    

 

  

Allocation of net income

  

$

616,227

  

$

232,202

  

$

1,394,311

  

$

541,327

Denominator:

  

 

    

 

    

 

    

 

  

Basic weighted average shares outstanding

  

 

17,250,000

  

 

6,500,000

  

 

16,678,177

  

 

6,475,138

Basic net income per ordinary share

  

$

0.04

  

$

0.04

  

$

0.08

  

$

0.08