| SCHEDULE OF ORDINARY CLASS OF SHARES |
SCHEDULE
OF ORDINARY CLASS OF SHARES
| | |
| | |
| Gross proceeds | |
$ | 101,823,000 | |
| Less: | |
| | |
| Proceeds allocated to Public Warrants | |
| (1,527,345 | ) |
| Proceeds allocated to the over-allotment option, net of $11,659 reclassified upon its partial exercise | |
| (82,463 | ) |
| Public Shares issuance costs | |
| (5,516,275 | ) |
| Plus: | |
| | |
| Remeasurement of carrying value to redemption value | |
| 7,672,354 | |
| Class A ordinary shares subject to possible redemption, March 31, 2026 | |
| 102,369,271 | |
| Plus: | |
| | |
| Remeasurement of carrying value to redemption value | |
| 860,545 | |
| Class A ordinary shares subject to possible redemption, June 30, 2026 | |
| 103,229,816 | |
| Plus: | |
| | |
| Remeasurement of carrying value to redemption value | |
| 904,796 | |
| Class A ordinary shares subject to possible redemption, September 30, 2026 | |
$ | 104,134,612 | |
|
| SCHEDULE OF NET LOSS PER COMMON SHARE |
The
following table reflects the calculation of basic and diluted net (loss) income per ordinary share:
SCHEDULE
OF NET LOSS PER COMMON SHARE
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| | |
For the Three Months Ended September 30, 2026 | | |
For the Nine Months Ended September 30, 2026 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Basic net (loss) income per ordinary share | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net (loss) income | |
$ | (11,508 | ) | |
$ | (3,734 | ) | |
$ | 760,495 | | |
$ | 275,607 | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic weighted average ordinary shares outstanding(1) | |
| 10,459,580 | | |
| 3,394,100 | | |
| 9,339,700 | | |
| 3,384,751 | |
| Basic net (loss) income per ordinary share | |
$ | (0.00 | ) | |
$ | (0.00 | ) | |
$ | 0.08 | | |
$ | 0.08 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| | |
For the Three Months Ended September 30, 2026 | | |
For the Nine Months Ended September 30, 2026 | |
| | |
Class A | | |
Class B | | |
Class A | | |
Class B | |
| Diluted net (loss) income per ordinary share | |
| | | |
| | | |
| | | |
| | |
| Numerator: | |
| | | |
| | | |
| | | |
| | |
| Allocation of net (loss) income | |
$ | (11,508 | ) | |
$ | (3,734 | ) | |
$ | 759,937 | | |
$ | 276,165 | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Diluted weighted average ordinary shares outstanding(1) | |
| 10,459,580 | | |
| 3,394,100 | | |
| 9,339,700 | | |
| 3,394,100 | |
| Diluted net (loss) income per ordinary share | |
$ | (0.00 | ) | |
$ | (0.00 | ) | |
$ | 0.08 | | |
$ | 0.08 | |
| (1) |
The
weighted average number of Class B ordinary shares outstanding for the nine months ended September 30, 2026 excludes 500,000 founder
shares that were subject to forfeiture to the extent the underwriters’ over-allotment option was not exercised in full or in
part. As a result of the partial exercise by the underwriters of the over-allotment option on February 12, 2026, 60,767 founder shares
were no longer subject to forfeiture, and upon the expiration of the underwriters’ over-allotment option on March 14, 2026,
the remaining 439,233 founder shares were forfeited by the Sponsor for no consideration (see Note 7). The diluted weighted average
number of Class B ordinary shares outstanding for the nine months ended September 30, 2026 includes the 60,767 founder shares that
were no longer subject to forfeiture as if they had been outstanding from January 1, 2026, the beginning of the quarter in which
the over-allotment option was partially exercised, and excludes the 439,233 founder shares that were forfeited. |
|