Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2026

Significant Accounting Policies

Schedule of reconciliation of the numerator and denominator used to compute basic and diluted net income (loss)



		For the Three Months Ended
		September 30,
		2026
Net income		$	2,132,981
Less: Remeasurement of Class A redeemable shares to redemption value			(2,375,101)
Net loss including accretion of Class A redeemable shares to redemption value		$	(242,120)



		For the Three Months Ended
		September 30, 2026
		Non-redeemable			Redeemable shares
		Class A and Class B			Class A
		Ordinary shares			Ordinary shares
Total number of shares			7,008,000			25,300,000
Ownership percentage			22	%		78	%

Net income allocated by class		$	462,670		$	1,670,311

Less: Remeasurement of Class A redeemable shares to redemption value based on ownership percentage			(515,189)			(1,859,912)
Plus: Accretion applicable to remeasurement of Class A redeemable shares to redemption value			—			2,375,101
Total (loss) income based on ownership percentage		$	(52,519)		$	2,185,500

Weighted average shares outstanding			7,008,000			25,300,000
Basic and diluted net (loss) income per share		$	(0.01)		$	0.09



		For the Nine Months Ended
		September 30,
		2026
Net income		$	6,156,096
Less: Remeasurement of Class A redeemable shares to redemption value			(6,949,725)
Net loss including accretion of Class A redeemable shares to redemption value		$	(793,629)



		For the Nine Months Ended
		September 30, 2026
		Non-redeemable			Redeemable shares
		Class A and Class B			Class A
		Ordinary shares			Ordinary shares
Total number of shares			7,008,000			25,300,000
Ownership percentage			22	%		78	%

Net income allocated by class		$	1,335,333		$	4,820,763

Less: Remeasurement of Class A redeemable shares to redemption value based on ownership percentage			(1,507,480)			(5,442,245)
Plus: Accretion applicable to remeasurement of Class A redeemable shares to redemption value			—			6,949,725
Total (loss) income based on ownership percentage		$	(172,147)		$	6,328,243

Weighted average shares outstanding			7,008,000			25,300,000
Basic and diluted net (loss) income per share		$	(0.02)		$	0.25



		For the Three Months Ended
		September 30,
		2025
Net income		$	2,292,067
Less: Remeasurement of Class A redeemable shares to redemption value			(2,715,578)
Net loss including accretion of Class A redeemable shares to redemption value		$	(423,511)



		For the Three Months Ended
		September 30, 2025
		Non-redeemable			Redeemable shares
		Class A and Class B			Class A
		Ordinary shares			Ordinary shares
Total number of shares			7,008,000			25,300,000
Ownership percentage			22	%		78	%

Net income allocated by class		$	497,177		$	1,794,890

Less: Remeasurement of Class A redeemable shares to redemption value based on ownership percentage			(589,042)			(2,126,536)
Plus: Accretion applicable to remeasurement of Class A redeemable shares to redemption value			—			2,715,578
Total (loss) income based on ownership percentage		$	(91,865)		$	2,383,932

Weighted average shares outstanding			7,008,000			25,300,000
Basic and diluted net (loss) income per share		$	(0.01)		$	0.09



		For the Nine Months Ended
		September 30,
		2025
Net income		$	2,660,637
Less: Remeasurement of Class A redeemable shares to redemption value			(21,032,667)
Net loss including accretion of Class A redeemable shares to redemption value		$	(18,372,030)



		For the Nine Months Ended
		September 30, 2025
		Non-redeemable			Redeemable shares
		Class A and Class B			Class A
		Ordinary shares			Ordinary shares
Total number of shares			7,008,000			25,300,000
Ownership percentage			22	%		78	%

Net income allocated by class		$	472,055		$	2,188,582

Less: Remeasurement of Class A redeemable shares to redemption value based on ownership percentage			(4,562,242)			(16,470,425)
Plus: Accretion applicable to remeasurement of Class A redeemable shares to redemption value			—			21,032,667
Total (loss) income based on ownership percentage		$	(4,090,187)		$	6,750,824

Weighted average shares outstanding			6,265,707			10,286,813
Basic and diluted net (loss) income per share		$	(0.65)		$	0.66

Schedule of Class A ordinary shares subject to possible redemption

As of September 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 from Initial Public Offering		$	253,000,000
Less:
Proceeds allocated to public warrants			(3,340,119)
Offering costs allocated to Class A ordinary shares subject to possible redemption			(14,420,089)
Plus:
Accretion of Class A ordinary shares subject to possible redemption			23,556,771
Class A ordinary shares subject to possible redemption at December 31, 2025			258,796,563
Plus:
Accretion of Class A ordinary shares subject to possible redemption			6,949,725
Class A ordinary shares subject to possible redemption at September 30, 2026		$	265,746,288

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.

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