SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2026

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of changes in class A common stock subject to possible redemption



		Shares		Amount
December 31, 2024		2,200,303		$	23,793,335
Redemptions		(2,191,753)			(23,765,518)
Increase in redemption value of shares subject to possible redemption		—			99,028
December 31, 2025		8,550			126,845
Decrease in redemption value of shares subject to possible redemption		—			(193)
March 31, 2026		8,550			126,652
Decrease in redemption value of shares subject to possible redemption		—			(583)
June 30, 2026		8,550			126,069
Decrease in redemption value of shares subject to possible redemption		—			(2,972)
September 30, 2026		8,550		$	123,097

Schedule of net loss per common share



		For the Three Months ended September 30,
		2026						2025
		Class A			Class B			Class A			Class B
Basic and diluted net income per share:
Numerator:
Allocation of net income		$	496		$	406,038		$	1,581		$	1,295,120

Denominator
Basic and diluted weighted-average shares outstanding			8,550			7,002,438			8,550			7,002,438

Basic and diluted net income per share		$	0.06		$	0.06		$	0.18		$	0.18



		For the Nine Months ended September 30,
		2026						2025
		Class A			Class B			Class A			Class B
Basic and diluted net income per share:
Numerator:
Allocation of net income		$	1,789		$	1,465,042		$	120,343		$	1,638,401

Denominator
Basic and diluted weighted-average shares outstanding			8,550			7,002,438			514,339			7,002,438

Basic and diluted net income per share		$	0.21		$	0.21		$	0.23		$	0.23

Tabular disclosure of temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.

+ References + Details