v3.26.3
Fair Value Measurements
 9 Months Ended
Sep. 30, 2026
Fair Value Measurements [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 8 — FAIR VALUE MEASUREMENTS 

 

Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:

 

  Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.

 

  Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active.

 

  Level 3: Unobservable inputs based on the Company’s assessment of the assumptions that market participants would use in pricing the asset or liability.

 

At September 30, 2026, assets held in the Trust Account were comprised of $144 in cash and $69,233,844 in U.S. Treasury bills. For the period from April 27, 2026 (inception) through September 30, 2026, the Company did not withdraw any interest income from the Trust Account.

  

The following table presents information about the gross holding loss and fair value of held-to-maturity U.S Treasury bills at September 30, 2026: 

 

    Held-To-Maturity   Level     Amortized
Cost		     Gross
Holding
Loss		     Fair Value  
September 30, 2026   U.S. Treasury Bills (Mature on 11/27/2026)     1     $ 69,233,844     $ (42,317 )   $ 69,191,527