v3.26.3
Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2026
Significant Accounting Policies  
Schedule of Class A ordinary shares subject to possible redemption reflected in the balance sheet As of September 30, 2026 and December 31, 2025, the Class A ordinary shares subject to possible redemption reflected in the condensed balance sheets are reconciled in the following table:

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Shares

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Amount

Gross proceeds

 

23,000,000

 

$

230,000,000

Less:

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​

​

​

​

Proceeds allocated to Public Warrants

 

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​

​

(4,715,000)

Class A ordinary shares issuance costs

 

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​

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(13,910,651)

Plus:

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Accretion of Class A ordinary shares to redemption amount

 

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​

18,921,733

Class A ordinary shares subject to possible redemption, December 31, 2025

 

23,000,000

 

$

230,296,082

Plus:

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Accretion of Class A ordinary shares to redemption amount

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1,959,236

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

​

23,000,000

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$

232,255,318

Plus:

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Accretion of Class A ordinary shares to redemption amount

 

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2,085,611

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

​

23,000,000

 

$

234,340,929

Plus:

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Accretion of Class A ordinary shares to redemption amount

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2,089,967

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

 

23,000,000

 

$

236,430,896

Schedule of reflects the calculation of basic and diluted net income (loss) per ordinary share

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For the Three Months Ended

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For the Nine Months Ended

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For the Period from July 3, 2025

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September 30, 2026

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September 30, 2026

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(Inception) Through September 30, 2025

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Redeemable

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Non-redeemable

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Redeemable

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Non-redeemable

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Redeemable

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Non-redeemable

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Class A

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Class B

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Class A

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Class B

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Class A

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Class B

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Ordinary Shares

  ​ ​ ​

Ordinary Shares

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Ordinary Shares

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Ordinary Shares

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Ordinary Shares

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Ordinary Shares

Basic and diluted net income (loss) per ordinary share

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Numerator:

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Allocation of net income (loss)

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$

1,479,718

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$

493,239

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$

4,289,841

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$

1,429,947

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$

—

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$

(37,638)

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Denominator:

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Basic and diluted weighted average ordinary shares outstanding (1)

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23,000,000

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7,666,667

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23,000,000

​

 

7,666,667

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—

​

 

6,666,667

Basic and diluted net income (loss) per ordinary share

​

$

0.06

​

$

0.06

​

$

0.19

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$

0.19

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$

—

​

$

(0.01)

(1)

The non-redeemable Class B ordinary shares for the period from July 3, 2025 (inception) through September 30, 2025 exclude an aggregate of up to 1,000,000 Class B ordinary shares that were subject to forfeiture, depending on the extent to which the underwriters’ over-allotment option was exercised (Note 7). On December 15, 2025, the underwriters exercised their over-allotment option in full as part of the closing of the Initial Public Offering. As such, the 1,000,000 founder shares are no longer subject to forfeiture and are included in the weighted average Class B ordinary shares outstanding for the three and nine months ended September 30, 2026.