v3.26.3
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash $ 5,070 $ 5,670
Total current assets 5,070 5,670
Non-current assets    
Cash and cash equivalents held in Trust Account 103,568 160,938
Total non-current assets 103,568 160,938
TOTAL ASSETS 108,638 166,608
Current liabilities    
Accrued liabilities 2,401,731 2,385,230
Total current liabilities 8,231,018 7,936,141
Non-current liabilities    
Deferred underwriting commission payable 2,362,500 2,362,500
Total non-current liabilities 2,362,500 2,362,500
TOTAL LIABILITIES 10,593,518 10,298,641
COMMITMENTS AND CONTINGENCIES
Total commitments and contingencies 103,568 160,938
SHAREHOLDERS’ DEFICIT    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital
Accumulated deficit (10,588,657) (10,293,180)
Total shareholders’ deficit (10,588,448) (10,292,971)
TOTAL LIABILITIES, COMMITMENTS AND CONTINGENCIES, AND SHAREHOLDERS’ DEFICIT 108,638 166,608
Class A Ordinary Shares    
Non-current liabilities    
Class A ordinary shares, $0.0001 par value, subject to possible redemption 12,352 shares at redemption value of $13.14 and $13.03 per share, including dividends earned on Trust Account, at March 31, 2026 and December 31, 2025, respectively 103,568 160,938
SHAREHOLDERS’ DEFICIT    
Ordinary shares, Value 209 209
Class B Ordinary Shares    
SHAREHOLDERS’ DEFICIT    
Ordinary shares, Value
Related Party    
Current liabilities    
Administrative service fee payable - related party 478,941 418,941
Loan payable - related parties 3,832,409 3,614,033
Convertible promissory note payable - related party $ 1,517,937 $ 1,517,937